HOLON, Israel (AP) _ Compugen Ltd. (CGEN) on Wednesday reported a loss of $9.5 million in its second quarter.

On a per-share basis, the Holon, Israel-based company said it had a loss of 11 cents.

The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 12 cents per share.

Compugen shares have declined 47% since the beginning of the year. The stock has fallen 57% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CGEN at https://www.zacks.com/ap/CGEN

Copyright by Automated Insights, Inc. All rights reserved., source Associated Press News