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Chiasma: 2Q Earnings Snapshot

WALTHAM, Mass. (AP) _ Chiasma Inc. (CHMA) on Thursday reported a loss of $7.8 million in its second quarter.

The Waltham, Massachusetts-based company said it had a loss of 25 cents per share.

The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 29 cents per share.

Chiasma shares have increased 62% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $5.03, nearly quadrupling 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 CHMA at https://www.zacks.com/ap/CHMA