Sinda (SIND) shares fell 1.9% in Friday trading after the company reported a wider-than-expected Q2 net loss.

The company reported Q2 net loss of $16.6 million, widening from a loss of $2.2 million a year earlier.

Two analysts polled by FactSet expected a loss of $4.5 million.

The company had approximately $204.3 million in cash as of June 30, including net IPO proceeds.

Price: 17.18, Change: +0.25, Percent Change: +1.49