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Assertio: 3Q Earnings Snapshot

LAKE FOREST, Ill. (AP) _ Assertio Therapeutics, Inc. (ASRT) on Wednesday reported third-quarter profit of $3.3 million.

The Lake Forest, Illinois-based company said it had profit of 5 cents per share. Earnings, adjusted for non-recurring costs and stock option expense, were 24 cents per share.

The drugmaker posted revenue of $55.1 million in the period.

In the final minutes of trading on Wednesday, the company's shares hit 73 cents. A year ago, they were trading at $5.11.


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