Cidara Therapeutics: Q2 Earnings Snapshot

August 9, 2022 GMT

SAN DIEGO (AP) _ Cidara Therapeutics Inc. (CDTX) on Tuesday reported a second-quarter loss of $13.1 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the San Diego-based company said it had a loss of 19 cents.

The biopharmaceutical company posted revenue of $6.2 million in the period.

In the final minutes of trading on Tuesday, the company’s shares hit 63 cents. A year ago, they were trading at $1.67.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CDTX at https://www.zacks.com/ap/CDTX