BOCA RATON, Fla. (AP) _ TherapeuticsMD Inc. (TXMD) on Monday reported a loss of $39.5 million in its first quarter.
The Boca Raton, Florida-based company said it had a loss of 16 cents per share.
The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 17 cents per share.
The woman's health care product company posted revenue of $3.9 million in the period, which missed Street forecasts. Four analysts surveyed by Zacks expected $6.8 million.
In the final minutes of trading on Monday, the company's shares hit $4.55. A year ago, they were trading at $6.02.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TXMD at https://www.zacks.com/ap/TXMD