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CTI BioPharma: 2Q Earnings Snapshot

SEATTLE (AP) _ CTI BioPharma Corp. (CTIC) on Thursday reported a loss of $11 million in its second quarter.

On a per-share basis, the Seattle-based company said it had a loss of 19 cents.

The biotechnology company posted revenue of $416,000 in the period.

In the final minutes of trading on Thursday, the company's shares hit 75 cents. A year ago, they were trading at $2.25.

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