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Omeros reports 2Q loss

SEATTLE (AP) _ Omeros Corporation (OMER) on Tuesday reported a loss of $14.4 million in its second quarter.

The Seattle-based company said it had a loss of 33 cents per share. Losses, adjusted for non-recurring costs, were 23 cents per share.

The drug developer posted revenue of $17.2 million in the period.

Omeros shares have more than doubled since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $21.72, a climb of 74 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 OMER at https://www.zacks.com/ap/OMER


Keywords: Omeros, Earnings Report