AP NEWS

Cumberland: 3Q Earnings Snapshot

November 14, 2018

NASHVILLE, Tenn. (AP) _ Cumberland Pharmaceuticals Inc. (CPIX) on Tuesday reported a loss of $1.6 million in its third quarter.

On a per-share basis, the Nashville, Tennessee-based company said it had a loss of 11 cents. Losses, adjusted for non-recurring costs and stock option expense, were 5 cents per share.

The pharmaceutical company posted revenue of $8.5 million in the period.

Cumberland shares have fallen 15 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $6.25, a fall of 21 percent in the last 12 months.

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

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