Cidara Therapeutics: Q1 Earnings Snapshot

SAN DIEGO (AP) _ Cidara Therapeutics Inc. (CDTX) on Wednesday reported a loss of $18.3 million in its first quarter.

On a per-share basis, the San Diego-based company said it had a loss of 27 cents.

The biopharmaceutical company posted revenue of $7.1 million in the period.

In the final minutes of trading on Wednesday, the company’s shares hit 59 cents. A year ago, they were trading at $1.95.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CDTX at https://www.zacks.com/ap/CDTX