SPY423.44-0.87 -0.21%
DIA342.99-2.13 -0.62%
IXIC14,110.20+40.78 0.29%

Cortexyme Q1 Loss Widens

05/10/2021 06:24

10:13 AM EDT, 05/10/2021 (MT Newswires) -- Cortexyme (CRTX) reported Thursday Q1 net loss of $0.78 per share, which widened from the $0.61 loss per share a year ago.

Consensus estimates were for a loss of $0.69 per share, according Capital IQ.

As of March 31, the company had cash, cash equivalents and marketable securities of $170.8 million. The company said its current cash balance is sufficient to support its operations through 2023.

Shares were 3.4% lower in morning session.

Price: 36.31, Change: -0.79, Percent Change: -2.13