Achillion reports 3Q loss

NEW HAVEN, Conn. (AP) _ Achillion Pharmaceuticals Inc. (ACHN) on Wednesday reported a loss of $19.3 million in its third quarter.

The New Haven, Connecticut-based company said it had a loss of 14 cents per share.

The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 18 cents per share.

In the final minutes of trading on Wednesday, the company's shares hit $3.90. A year ago, they were trading at $6.20.


This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on ACHN at