Fortress Biotech: 2Q Earnings Snapshot
Aug. 09, 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.