Radius Health: Q2 Earnings Snapshot

August 10, 2022 GMT

BOSTON (AP) _ Radius Health Inc. (RDUS) on Tuesday reported a loss of $12.7 million in its second quarter.

On a per-share basis, the Boston-based company said it had a loss of 27 cents.

The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 8 cents per share.

The biotechnology company posted revenue of $58.3 million in the period, which also did not meet Street forecasts. Four analysts surveyed by Zacks expected $67.9 million.

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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 RDUS at https://www.zacks.com/ap/RDUS