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Akorn: 1Q Earnings Snapshot

LAKE FOREST, Ill. (AP) _ Akorn Inc. (AKRX) on Monday reported a loss of $256.7 million in its first quarter.

On a per-share basis, the Lake Forest, Illinois-based company said it had a loss of $2.01. Earnings, adjusted for non-recurring costs and stock option expense, came to 36 cents per share.

The generic drugmaker posted revenue of $204.7 million in the period.

In the final minutes of trading on Monday, the company's shares hit 25 cents. A year ago, they were trading at $4.47.


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