Assertio: 2Q Earnings Snapshot
LAKE FOREST, Ill. (AP) _ Assertio Therapeutics, Inc. (ASRT) on Wednesday reported a loss of $13.6 million in its second quarter.
On a per-share basis, the Lake Forest, Illinois-based company said it had a loss of 21 cents. Earnings, adjusted for non-recurring costs and stock option expense, came to 25 cents per share.
The drugmaker posted revenue of $57.2 million in the period.
In the final minutes of trading on Wednesday, the company’s shares hit $2.66. A year ago, they were trading at $9.33.