U.S. Markets open in 4 mins
  • S&P Futures

    3,649.25
    -11.25 (-0.31%)
     
  • Dow Futures

    29,680.00
    -124.00 (-0.42%)
     
  • Nasdaq Futures

    12,394.00
    -58.25 (-0.47%)
     
  • Russell 2000 Futures

    1,826.20
    -9.30 (-0.51%)
     
  • Crude Oil

    44.48
    -0.07 (-0.16%)
     
  • Gold

    1,821.70
    +2.80 (+0.15%)
     
  • Silver

    23.85
    -0.24 (-0.98%)
     
  • EUR/USD

    1.2066
    -0.0013 (-0.1086%)
     
  • 10-Yr Bond

    0.9410
    +0.0070 (+0.75%)
     
  • Vix

    20.73
    +0.16 (+0.78%)
     
  • GBP/USD

    1.3300
    -0.0123 (-0.9150%)
     
  • USD/JPY

    104.5400
    +0.2240 (+0.2147%)
     
  • BTC-USD

    19,030.99
    +37.09 (+0.20%)
     
  • CMC Crypto 200

    373.35
    -6.51 (-1.71%)
     
  • FTSE 100

    6,418.76
    +34.03 (+0.53%)
     
  • Nikkei 225

    26,800.98
    +13.44 (+0.05%)
     

Infinity: 4Q Earnings Snapshot

CAMBRIDGE, Mass. (AP) _ Infinity Pharmaceuticals Inc. (INFI) on Thursday reported a loss of $8.2 million in its fourth quarter.

The Cambridge, Massachusetts-based company said it had a loss of 14 cents per share.

The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 17 cents per share.

The drugmaker posted revenue of $146,000 in the period.

For the year, the company reported that its loss narrowed to $11.3 million, or 20 cents per share. Revenue was reported as $22.1 million.

The company's shares closed at $1.54. A year ago, they were trading at $2.47.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on INFI at https://www.zacks.com/ap/INFI