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Syndax: 2Q Earnings Snapshot

WALTHAM, Mass. (AP) _ Syndax Pharmaceuticals Inc. (SNDX) on Wednesday reported a loss of $14.9 million in its second quarter.

On a per-share basis, the Waltham, Massachusetts-based company said it had a loss of 47 cents.

The results missed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 44 cents per share.

The biopharmaceutical company posted revenue of $379,000 in the period.

Syndax shares have more than doubled since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $9.51, a rise of 43% 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 SNDX at https://www.zacks.com/ap/SNDX