SAN DIEGO (AP) _ Kura Oncology Inc. (KURA) on Tuesday reported a loss of $13.9 million in its first quarter.
The San Diego-based company said it had a loss of 37 cents per share.
The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 45 cents per share.
Kura Oncology shares have risen 10% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $15.47, a drop of 2% 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 KURA at https://www.zacks.com/ap/KURA