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Ophthotech: 1Q Earnings Snapshot

NEW YORK (AP) _ Ophthotech Corp. (ISEE) on Wednesday reported a loss of $12.5 million in its first quarter.

On a per-share basis, the New York-based company said it had a loss of 30 cents.

The company's shares closed at $1.44. A year ago, they were trading at $2.63.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ISEE at https://www.zacks.com/ap/ISEE