SAN RAMON, Calif. (AP) _ Galena Biopharma Inc. (GALE) on Wednesday reported a loss of $5.5 million in its fourth quarter.
The San Ramon, California-based company said it had a loss of 49 cents per share. Losses, adjusted for non-recurring gains, came to 58 cents per share.
For the year, the company reported that its loss narrowed to $23.5 million, or $2.36 per share.
In the final minutes of trading on Wednesday, the company's shares hit 58 cents. A year ago, they were trading at $15.95.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GALE at https://www.zacks.com/ap/GALE
Keywords: Galena Biopharma, Earnings Report