AP NEWS

Recro Pharma: 3Q Earnings Snapshot

November 7, 2018

MALVERN, Pa. (AP) _ Recro Pharma Inc. (REPH) on Wednesday reported a loss of $13.3 million in its third quarter.

The Malvern, Pennsylvania-based company said it had a loss of 64 cents per share.

The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 67 cents per share.

The specialty pharmaceutical company posted revenue of $18.3 million in the period, which also topped Street forecasts. Four analysts surveyed by Zacks expected $16.8 million.

Recro Pharma shares have decreased 25 percent since the beginning of the year. The stock has decreased 21 percent in the last 12 months.

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

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