ROCKVILLE, Md. (AP) _ Rexahn Pharmaceuticals Inc. (RNN) on Monday reported a loss of $1 million in its third quarter.
The Rockville, Maryland-based company said it had a loss of 4 cents per share. Losses, adjusted for non-recurring gains, came to 15 cents per share.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 21 cents per share.
The company's shares closed at $1.91. A year ago, they were trading at $1.52.