CELEBRATION, Fla. (AP) — CELEBRATION, Fla. (AP) — Zevra Therapeutics, Inc. (ZVRA) on Tuesday reported a loss of $3.1 million in its first quarter.
The Celebration, Florida-based company said it had a loss of 6 cents per share.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 21 cents per share.
The specialty pharmaceutical company posted revenue of $20.4 million in the period, which also topped Street forecasts. Three analysts surveyed by Zacks expected $15.8 million.
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