THE WOODLANDS, Texas (AP) — THE WOODLANDS, Texas (AP) — Lexicon Pharmaceuticals Inc. (LXRX) on Tuesday reported a loss of $25.3 million in its first quarter.
On a per-share basis, the The Woodlands, Texas-based company said it had a loss of 7 cents.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 10 cents per share.
The drugmaker posted revenue of $1.3 million in the period.
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