THE WOODLANDS, Texas (AP) — THE WOODLANDS, Texas (AP) — Lexicon Pharmaceuticals Inc. (LXRX) on Thursday reported a loss of $12.8 million in its third quarter.
On a per-share basis, the The Woodlands, Texas-based company said it had a loss of 4 cents.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 7 cents per share.
The drugmaker posted revenue of $14.2 million in the period.
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