SOUTH SAN FRANCISCO, Calif. (AP) _ MyoKardia Inc. (MYOK) on Thursday reported a loss of $37.5 million in its first quarter.
The South San Francisco, California-based company said it had a loss of 93 cents per share.
The results fell short of Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 65 cents per share.
MyoKardia shares have declined nearly 2% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $47.95, a climb of almost 7% 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 MYOK at https://www.zacks.com/ap/MYOK