Curis Inc Q2 loss increases in line with estimates

(RTTNews) - Curis Inc (CRIS) announced Loss for its second quarter that increased from last year in line with the Street estimates.

The company's bottom line totaled -$15.94 million, or -$0.17 per share. This compares with -$10.84 million, or -$0.12 per share, in last year's second quarter.

Analysts on average had expected the company to earn -$0.17 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 4.4% to $2.39 million from $2.29 million last year.

Curis Inc earnings at a glance (GAAP) :

-Earnings (Q2): -$15.94 Mln. vs. -$10.84 Mln. last year. -EPS (Q2): -$0.17 vs. -$0.12 last year. -Analyst Estimate: -$0.17 -Revenue (Q2): $2.39 Mln vs. $2.29 Mln last year.