PDL BioPharma: 2Q Earnings Snapshot
INCLINE VILLAGE, Nev. (AP) _ PDL BioPharma Inc. (PDLI) on Wednesday reported a loss of $4.4 million in its second quarter.
The Incline Village, Nevada-based company said it had a loss of 4 cents per share. Earnings, adjusted for non-recurring costs and stock option expense, were 10 cents per share.
In the final minutes of trading on Wednesday, the company’s shares hit $2.87. A year ago, they were trading at $2.52.