WALTHAM, Mass. (AP) _ Radius Health Inc. (RDUS) on Wednesday reported a loss of $42.8 million in its first quarter.
The Waltham, Massachusetts-based company said it had a loss of 94 cents per share.
The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 95 cents per share.
The biotechnology company posted revenue of $29.8 million in the period, which fell short of Street forecasts. Four analysts surveyed by Zacks expected $34.8 million.
Radius Health shares have climbed 28% since the beginning of the year. The stock has declined 35% 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 RDUS at https://www.zacks.com/ap/RDUS