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Aravive: 3Q Earnings Snapshot

HOUSTON (AP) _ Aravive, Inc. (ARAV) on Thursday reported a loss of $6.1 million in its third quarter.

On a per-share basis, the Houston-based company said it had a loss of 54 cents.

The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 50 cents per share.

Aravive shares have increased 85% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $6.52, climbing slightly in the last 12 months.

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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 ARAV at https://www.zacks.com/ap/ARAV