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Zafgen: 2Q Earnings Snapshot

BOSTON (AP) _ Zafgen Inc. (ZFGN) on Thursday reported a loss of $12.1 million in its second quarter.

On a per-share basis, the Boston-based company said it had a loss of 32 cents.

The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 33 cents per share.

In the final minutes of trading on Thursday, the company's shares hit 96 cents. A year ago, they were trading at $9.66.


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