KING OF PRUSSIA, Pa. (AP) _ Trevena Inc. (TRVN) on Thursday reported a loss of $20.4 million in its second quarter.
The King Of Prussia, Pennsylvania-based company said it had a loss of 35 cents per share.
The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 36 cents per share.
The company's shares closed at $2.50. A year ago, they were trading at $6.54.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TRVN at https://www.zacks.com/ap/TRVN
Keywords: Trevena, Earnings Report