SOUTH SAN FRANCISCO, Calif. (AP) _ Calithera Biosciences Inc. (CALA) on Thursday reported a loss of $23.7 million in its first quarter.
The South San Francisco, California-based company said it had a loss of 61 cents per share.
The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 43 cents per share.
Calithera shares have climbed 56% since the beginning of the year. The stock has fallen slightly more than 5% in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CALA at https://www.zacks.com/ap/CALA