ROCKVILLE, Md. (AP) _ Synthetic Biologics Inc. (SYN) on Wednesday reported a loss of $4.2 million in its second quarter.
On a per-share basis, the Rockville, Maryland-based company said it had a loss of 3 cents.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 4 cents per share.
In the final minutes of trading on Wednesday, the company's shares hit 12 cents. A year ago, they were trading at 61 cents.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SYN at https://www.zacks.com/ap/SYN