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CorMedix: 3Q Earnings Snapshot

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.


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