Egalet: 3Q Earnings Snapshot
WAYNE, Pa. (AP) _ Egalet Corp. (EGLTQ) on Monday reported a loss of $51.2 million in its third quarter.
The Wayne, Pennsylvania-based company said it had a loss of 93 cents per share. Losses, adjusted for one-time gains and costs, were 75 cents per share.
The pain medicine maker posted revenue of $8.2 million in the period.
The company’s shares closed at 2 cents. A year ago, they were trading at $1.01.