MENLO PARK, Calif. (AP) _ Dermira Inc. (DERM) on Tuesday reported a loss of $64.8 million in its first quarter.
The Menlo Park, California-based company said it had a loss of $1.49 per share.
The skin condition drug developer posted revenue of $2.5 million in the period, falling short of Street forecasts. Three analysts surveyed by Zacks expected $2.6 million.
Dermira shares have risen 46% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $10.50, a climb of roughly 4% 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 DERM at https://www.zacks.com/ap/DERM