Idera: 2Q Earnings Snapshot

By The Associated Press

EXTON, Pa. (AP) _ Idera Pharmaceuticals Inc. (IDRA) on Tuesday reported a loss of $24.2 million in its second quarter.

On a per-share basis, the Exton, Pennsylvania-based company said it had a loss of 72 cents. Losses, adjusted for non-recurring costs, came to 26 cents per share.

In the final minutes of trading on Tuesday, the company’s shares hit $2.04. A year ago, they were trading at $2.46.

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

The Associated Press

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