SAN DIEGO (AP) — SAN DIEGO (AP) — Cidara Therapeutics Inc. (CDTX) on Thursday reported a loss of $16 million in its third quarter.
On a per-share basis, the San Diego-based company said it had a loss of $2.45. Losses, adjusted to account for discontinued operations, came to $2.38 per share.
Cidara Therapeutics shares have decreased 17% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $13.11, a decline of 18% in the last 12 months.
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