BERKELEY HEIGHTS, N.J. (AP) _ CorMedix Inc. (CRMD) on Thursday reported a loss of $5.3 million in its third quarter.
The Berkeley Heights, New Jersey-based company said it had a loss of $1.35 per share. Losses, adjusted for non-recurring costs, came to 22 cents per share.
The pharmaceutical and medical device company posted revenue of $59,530 in the period. Its adjusted revenue was $60,000.
CorMedix shares have decreased 21% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $5.12, a decline of slightly more than 9% in the last 12 months.