AP NEWS

Fortress Biotech: 3Q Earnings Snapshot

November 9, 2018

NEW YORK (AP) _ Fortress Biotech Inc. (FBIO) on Friday reported a loss of $16.6 million in its third quarter.

On a per-share basis, the New York-based company said it had a loss of 37 cents.

The biopharmaceutical company posted revenue of $63.7 million in the period.

The company’s shares closed at $1.09. A year ago, they were trading at $3.68.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FBIO at https://www.zacks.com/ap/FBIO

AP RADIO
Update hourly