RADNOR, Pa. (AP) — RADNOR, Pa. (AP) — Marinus Pharmaceuticals Inc. (MRNS) on Wednesday reported a loss of $38.7 million in its first quarter.
On a per-share basis, the Radnor, Pennsylvania-based company said it had a loss of 68 cents.
The results met Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was also for a loss of 68 cents per share.
The epilepsy drug developer posted revenue of $7.7 million in the period, which fell short of Street forecasts. Five analysts surveyed by Zacks expected $8.6 million.
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