CELEBRATION, Fla. (AP) _ KemPharm Inc. (KMPH) on Tuesday reported a loss of $9.3 million in its second quarter.
On a per-share basis, the Celebration, Florida-based company said it had a loss of 33 cents.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 44 cents per share.
In the final minutes of trading on Tuesday, the company's shares hit $1.10. A year ago, they were trading at $4.80.