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Spectrum Pharma: 2Q Earnings Snapshot

August 8, 2019

HENDERSON, Nev. (AP) _ Spectrum Pharmaceuticals Inc. (SPPI) on Thursday reported a second-quarter loss of $28.4 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Henderson, Nevada-based company said it had a loss of 26 cents. Losses, adjusted for one-time gains and costs, came to 23 cents per share.

Spectrum Pharma shares have dropped 13% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $7.59, a drop of 64% in the last 12 months.

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