ROCKVILLE, Md. (AP) _ GlycoMimetics Inc. (GLYC) on Monday reported a loss of $7.9 million in its first quarter.
On a per-share basis, the Rockville, Maryland-based company said it had a loss of 34 cents.
The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 38 cents per share.
The company's shares closed at $3.93. A year ago, they were trading at $6.40.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GLYC at https://www.zacks.com/ap/GLYC
Keywords: GlycoMimetics, Earnings Report