11.08.2014 18:35:39
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Repros Therapeutics Q2 Loss Widens
(RTTNews) - Repros Therapeutics Inc. (RPRX) Monday said second-quarter loss widened to $8.7 million from $7.2 million in the comparable quarter last year. Loss per share for the latest second quarter was $0.38, same as last year.
On average, six analysts polled by Thomson Reuters expected the company to report a loss of $0.39 per share for the quarter. Analysts' estimates typically exclude special items.
Revenues and other income increased to $2 thousand from $1 thousand last year.
Research and development expenses increased 23 percent to $7.5 million from $6.0 million in the year-ago period, while general and administrative totaled $1.3 million, up 7 percent from $1.2 million.
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