Curis Inc Q2 Loss Decreases, But Misses Estimates

Curis Inc (CRIS) released Loss for second quarter that decreased from the same period last year but missed the Street estimates.

The company's bottom line totaled -$11.803 million, or -$2.03 per share. This compares with -$11.961 million, or -$2.47 per share, in last year's second quarter.

Analysts on average had expected the company to earn -$1.67 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 15.9% to $2.546 million from $2.197 million last year.

Curis Inc earnings at a glance (GAAP) :

-Earnings (Q2): -$11.803 Mln. vs. -$11.961 Mln. last year.
-EPS (Q2): -$2.03 vs. -$2.47 last year.
-Revenue (Q2): $2.546 Mln vs. $2.197 Mln last year.

by RTTNews Staff Writer

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