Foamix: 2Q Earnings Snapshot

Foamix: 2Q Earnings Snapshot

REHOVOT, Israel (AP) _ Foamix Pharmaceuticals Ltd. (FOMX) on Wednesday reported a loss of $18.6 million in its second quarter.

On a per-share basis, the Rehovot, Israel-based company said it had a loss of 46 cents.

The acne treatment developer posted revenue of $964,000 in the period.

Foamix shares have decreased 4 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $5.76, a climb of 30 percent 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 FOMX at https://www.zacks.com/ap/FOMX

Advertisement