U.S. Markets close in 2 hrs 6 mins

Catalyst: 1Q Earnings Snapshot

CORAL GABLES, Fla. (AP) _ Catalyst Pharmaceutical Partners Inc. (CPRX) on Wednesday reported a loss of $5.7 million in its first quarter.

The Coral Gables, Florida-based company said it had a loss of 6 cents per share.

The results matched Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was also for a loss of 6 cents per share.

In the final minutes of trading on Wednesday, the company's shares hit $2.80. A year ago, they were trading at $1.80.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CPRX at https://www.zacks.com/ap/CPRX