Antares Pharma: 2Q Earnings Snapshot
EWING, N.J. (AP) _ Antares Pharma Inc. (ATRS) on Tuesday reported a loss of $2.2 million in its second quarter.
On a per-share basis, the Ewing, New Jersey-based company said it had a loss of 1 cent.
The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 4 cents per share.
The drugmaker posted revenue of $28.4 million in the period, which also beat Street forecasts. Four analysts surveyed by Zacks expected $21.7 million.
The company’s shares closed at $2.98. A year ago, they were trading at $2.60.