Teligent: 2Q Earnings Snapshot
BUENA, N.J. (AP) _ Teligent Inc. (TLGT) on Wednesday reported a loss of $20.7 million in its second quarter.
The Buena, New Jersey-based company said it had a loss of 39 cents per share. Losses, adjusted to extinguish debt, were 20 cents per share.
The specialty generic pharmaceutical company posted revenue of $16.8 million in the period.
The company’s shares closed at $3.97. A year ago, they were trading at $7.02.