AUSTIN, Texas (AP) _ Lumos Pharma, Inc. (LUMO) on Wednesday reported a loss of $8.6 million in its first quarter.

On a per-share basis, the Austin, Texas-based company said it had a loss of $1.04.

The results missed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 85 cents per share.

Lumos shares have declined 71% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $10.50, an increase of 11% in the last 12 months.

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