SAN DIEGO (AP) — SAN DIEGO (AP) — Kura Oncology Inc. (KURA) on Thursday reported a loss of $49.5 million in its first quarter.

On a per-share basis, the San Diego-based company said it had a loss of 59 cents.

The results fell short of Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for a loss of 56 cents per share.

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