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GlycoMimetics reports 3Q loss

ROCKVILLE, Md. (AP) _ GlycoMimetics Inc. (GLYC) on Wednesday reported a loss of $8 million in its third quarter.

The Rockville, Maryland-based company said it had a loss of 24 cents per share.

The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 28 cents per share.

GlycoMimetics shares have risen 77 percent since the beginning of the year. The stock has risen 80 percent 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 GLYC at https://www.zacks.com/ap/GLYC