NEW YORK (AP) — NEW YORK (AP) — Immunic, Inc. (IMUX) on Wednesday reported a loss of $29.6 million in its first quarter.

On a per-share basis, the New York-based company said it had a loss of 30 cents. Losses, adjusted for non-recurring costs, were 25 cents per share.

The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 27 cents per share.

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