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CorMedix: 1Q Earnings Snapshot

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