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Omeros: 2Q Earnings Snapshot

SEATTLE (AP) _ Omeros Corporation (OMER) on Thursday reported a loss of $14.5 million in its second quarter.

The Seattle-based company said it had a loss of 29 cents per share. Losses, adjusted for stock option expense, were 16 cents per share.

The drug developer posted revenue of $26.8 million in the period.

Omeros shares have climbed 46% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $16.31, a fall of 25% 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 OMER at https://www.zacks.com/ap/OMER