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Tetraphase: 1Q Earnings Snapshot

WATERTOWN, Mass. (AP) _ Tetraphase Pharmaceuticals Inc. (TTPH) on Wednesday reported a loss of $19.5 million in its first quarter.

The Watertown, Massachusetts-based company said it had a loss of 36 cents per share.

The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 39 cents per share.

The biopharmaceutical company posted revenue of $1.3 million in the period, which missed Street forecasts. Four analysts surveyed by Zacks expected $1.9 million.

In the final minutes of trading on Wednesday, the company's shares hit $1.07. A year ago, they were trading at $3.51.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TTPH at https://www.zacks.com/ap/TTPH