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Paratek: 1Q Earnings Snapshot

BOSTON (AP) _ Paratek Pharmaceuticals Inc. (PRTK) on Wednesday reported a loss of $27.8 million in its first quarter.

The Boston-based company said it had a loss of 91 cents per share.

The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 94 cents per share.

The pharmaceutical company posted revenue of $10,000 in the period.

Paratek shares have fallen 38 percent since the beginning of the year. The stock has declined 50 percent in the last 12 months.

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