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Thursday, November 2, 2017

-=Aratana Therapeutics (PETX) reported earnings Thur 2 Nov 2017 (a/h)



LEAWOOD, Kan. (AP) _ Aratana Therapeutics Inc. (PETX) on Thursday reported a loss of $8.9 million in its third quarter.
On a per-share basis, the Leawood, Kansas-based company said it had a loss of 21 cents.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 26 cents per share.
The developer of pet medications posted revenue of $6.2 million in the period.
Aratana shares have fallen 24 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $5.46, a drop of 31 percent in the last 12 months.

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