Momenta: 3Q Earnings Snapshot
CAMBRIDGE, Mass. (AP) _ Momenta Pharmaceuticals Inc. (MNTA) on Wednesday reported a loss of $50.3 million in its third quarter.
On a per-share basis, the Cambridge, Massachusetts-based company said it had a loss of 65 cents. Losses, adjusted for restructuring costs, were 45 cents per share.
The biotechnology company posted revenue of $14.9 million in the period.
Momenta shares have increased slightly more than 3 percent since the beginning of the year. The stock has risen 4 percent in the last 12 months.