CELEBRATION, Fla. (AP) — CELEBRATION, Fla. (AP) — Zevra Therapeutics, Inc. (ZVRA) on Tuesday reported a loss of $33.2 million in its third quarter.
On a per-share basis, the Celebration, Florida-based company said it had a loss of 69 cents.
The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 44 cents per share.
The specialty pharmaceutical company posted revenue of $3.7 million in the period, which also missed Street forecasts. Three analysts surveyed by Zacks expected $5 million.
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