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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