Scynexis posts first-quarter loss of $6.4 million

MarketsAssociated Press

DURHAM, N.C. (AP) — Scynexis Inc. (SCYX) on Friday reported a loss of $6.4 million in its first quarter.

On a per-share basis, the Durham, North Carolina-based company said it had a loss of 75 cents.

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The pharmaceutical company posted revenue of $3.3 million in the period.

Scynexis shares have declined nearly 6 percent since the beginning of the year. The stock has climbed slightly more than 4 percent in the last 12 months.

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

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Keywords: Scynexis, Earnings Report