MEMPHIS, Tenn. (AP) _ GTx Inc. (ONCT) on Thursday reported a loss of $22.8 million in its second quarter.
On a per-share basis, the Memphis, Tennessee-based company said it had a loss of $3.38. Losses, adjusted for costs related to mergers and acquisitions, came to $1.27 per share.
The biopharmaceutical company posted revenue of $674,000 in the period.
In the final minutes of trading on Thursday, the company's shares hit $4.43. A year ago, they were trading at $119.45.