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Xenon Pharmaceuticals: 2Q Earnings Snapshot

BURNABY, British Columbia (AP) _ Xenon Pharmaceuticals Inc. (XENE) on Tuesday reported a loss of $10 million in its second quarter.

The Burnaby, British Columbia-based company said it had a loss of 37 cents per share.

The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 46 cents per share.

Xenon Pharmaceuticals shares have risen 45% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $9.18, a fall of slightly more than 3% 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 XENE at https://www.zacks.com/ap/XENE