Candorium Free Members
Join Candorium to access the full article and more
Free Member Benefits:
✔
Comment & Reply✔
Newsletter Access✔
Follow Authors✔
Share via SMS Go Back
Cara: Q3 Earnings Snapshot
By AP News - Nov 14, 2024, 07:32 PM ET
Last Updated - Dec 16, 2024, 05:23 PM EST
STAMFORD, Conn. (AP) — STAMFORD, Conn. (AP) — Cara Therapeutics Inc. (CARA) on Thursday reported a loss of $12.5 million in its third quarter.
The Stamford, Connecticut-based company said it had a loss of 23 cents per share. Losses, adjusted for asset impairment costs, came to 15 cents per share.
Sponsored
The biotechnology company posted revenue of $2.6 million in the period.
In the final minutes of trading on Thursday, the company's shares hit 33 cents. A year ago, they were trading at $1.10.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CARA at https://www.zacks.com/ap/CARA
Sponsored
Read More from Investing
Popular News
Latest News
