Tetraphase Pharmaceuticals Reports Second-Quarter 2015 Financial Results
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Needham & Company Raises Price Target on Tetraphase Pharma (TTPH) to $56 Ahead of Phase 3 cUTI Results
August 6, 2015 8:56 AM EDTNeedham & Company reiterated a Buy rating on Tetraphase Pharmaceuticals (NASDAQ: TTPH), and raised the price target to $56.00 (from $46.00), ahead of Phase 3 cUTI results. Analyst Alan Carr believes that superiority is probable given encouraging data from the lead-in portion of the trial. TTPH reiterated its... More
Tetraphase Pharma (TTPH) Misses Q2 EPS by 10c
August 5, 2015 5:26 PM EDTTetraphase Pharma (NASDAQ: TTPH) reported Q2 EPS of ($0.72), $0.10 worse than the analyst estimate of ($0.62). Revenue for the quarter came in at $3.3 million versus the consensus estimate of $2.73 million.
"We made significant progress against our 2015 objectives in the second quarter," said Guy Macdonald, Tetraphase's President and Chief Executive... More
