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Teligent: 2Q Earnings Snapshot

August 5, 2019

BUENA, N.J. (AP) _ Teligent Inc. (TLGT) on Monday reported a loss of $4 million in its second quarter.

The Buena, New Jersey-based company said it had a loss of 8 cents per share. Losses, adjusted for one-time gains and costs, were 4 cents per share.

The specialty generic pharmaceutical company posted revenue of $18.3 million in the period.

In the final minutes of trading on Monday, the company’s shares hit 68 cents. A year ago, they were trading at $3.97.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TLGT at https://www.zacks.com/ap/TLGT

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