Cidara Therapeutics: Q2 Earnings Snapshot

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SAN DIEGO (AP) — SAN DIEGO (AP) — Cidara Therapeutics Inc. (CDTX) on Tuesday reported a loss of $91.2 million in its second quarter.

On a per-share basis, the San Diego-based company said it had a loss of $19.99. Losses, adjusted for one-time gains and costs, came to $2.05 per share.

The biopharmaceutical company posted revenue of $302,000 in the period.

Cidara Therapeutics shares have fallen 23% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $12.15, a drop of 34% in the last 12 months.

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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