SAN DIEGO (AP) _ Travere Therapeutics, Inc. (TVTX) on Thursday reported a loss of $76 million in its first quarter.

On a per-share basis, the San Diego-based company said it had a loss of $1.20.

The results did not meet Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 85 cents per share.

The drug developer posted revenue of $48.5 million in the period, which also fell short of Street forecasts. Six analysts surveyed by Zacks expected $53 million.

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

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