WAYNE, Pa. (AP) — WAYNE, Pa. (AP) — Aclaris Therapeutics Inc. (ACRS) on Thursday reported a loss of $15.4 million in its second quarter.
The Wayne, Pennsylvania-based company said it had a loss of 13 cents per share.
The results met Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was also for a loss of 13 cents per share.
The specialty pharmaceutical company posted revenue of $1.8 million in the period, exceeding Street forecasts. Six analysts surveyed by Zacks expected $1.6 million.
The company’s shares closed at $1.55. A year ago, they were trading at $1.22.
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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 ACRS at https://www.zacks.com/ap/ACRS
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