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Antares Pharma: 2Q Earnings Snapshot

August 6, 2019

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.

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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 ATRS at https://www.zacks.com/ap/ATRS

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