AP NEWS

Fortress Biotech: 2Q Earnings Snapshot

August 9, 2018

NEW YORK (AP) _ Fortress Biotech Inc. (FBIO) on Thursday reported a loss of $21.6 million in its second quarter.

The New York-based company said it had a loss of 50 cents per share.

The biopharmaceutical company posted revenue of $63.8 million in the period.

In the final minutes of trading on Thursday, the company’s shares hit $2.13. A year ago, they were trading at $4.05.

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

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