CorMedix: 1Q Earnings Snapshot
CorMedix: 1Q Earnings Snapshot
In this article:
BERKELEY HEIGHTS, N.J. (AP) _ CorMedix Inc. (CRMD) on Monday reported a loss of $5.2 million in its first quarter.
The Berkeley Heights, New Jersey-based company said it had a loss of 22 cents per share.
The pharmaceutical and medical device company posted revenue of $163,700 in the period. Its adjusted revenue was $164,000.
CorMedix shares have risen nearly 10% since the beginning of the year. In the final minutes of trading on Monday, shares hit $7.09, climbing sixfold in the last 12 months.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CRMD at https://www.zacks.com/ap/CRMD
