SAN DIEGO (AP) 鈥� SAN DIEGO (AP) 鈥� Travere Therapeutics, Inc. (TVTX) on Tuesday reported a loss of $34.8 million in its second quarter.
The San Diego-based company said it had a loss of 37 cents per share.
The results fell short of Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 14 cents per share.
The drug developer posted revenue of $169.6 million in the period, surpassing Street forecasts. Five analysts surveyed by Zacks expected $153.9 million.
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