Curis Inc Q1 Loss Decreases, Beats Estimates

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

The company's earnings came in at -$10.62 million, or -$1.25 per share. This compares with -$11.88 million, or -$2.05 per share, last year.

Analysts on average had expected the company to earn -$1.26 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 13.9% to $2.38 million from $2.09 million last year.

Curis Inc earnings at a glance (GAAP) :

-Earnings: -$10.62 Mln. vs. -$11.88 Mln. last year.
-EPS: -$1.25 vs. -$2.05 last year.
-Revenue: $2.38 Mln vs. $2.09 Mln last year.

by RTTNews Staff Writer

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