Antares Pharma: 3Q Earnings Snapshot
EWING, N.J. (AP) _ Antares Pharma Inc. (ATRS) on Tuesday reported a loss of $1.9 million in its third quarter.
The Ewing, New Jersey-based company said it had a loss of 1 cent per share.
The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 2 cents per share.
The drugmaker posted revenue of $17.9 million in the period, which also beat Street forecasts. Five analysts surveyed by Zacks expected $15.1 million.
The company’s shares closed at $3.49. A year ago, they were trading at $1.88.