Teligent: 2Q Earnings Snapshot
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.