Curis Inc Q3 Loss Decreases, Beats Estimates

Curis Inc (CRIS) released Loss for third quarter that decreased from the same period last year and beat the Street estimates.

The company's bottom line totaled -$10.09 million, or -$1.70 per share. This compares with -$12.18 million, or -$2.13 per share, in last year's third quarter.

Analysts on average had expected the company to earn -$1.91 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 3.5% to $2.93 million from $2.83 million last year.

Curis Inc earnings at a glance (GAAP) :

-Earnings (Q3): -$10.09 Mln. vs. -$12.18 Mln. last year.
-EPS (Q3): -$1.70 vs. -$2.13 last year.
-Revenue (Q3): $2.93 Mln vs. $2.83 Mln last year.

by RTTNews Staff Writer

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