SAN DIEGO (AP) — SAN DIEGO (AP) — Travere Therapeutics, Inc. (TVTX) on Monday reported a loss of $136.1 million in its first quarter.

The San Diego-based company said it had a loss of $1.76 per share.

The results did not meet Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for a loss of 98 cents per share.

The drug developer posted revenue of $41.4 million in the period, which also did not meet Street forecasts. Eight analysts surveyed by Zacks expected $42.5 million.

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