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Psychemedics: 3Q Earnings Snapshot

·1 min read

ACTON, Mass. (AP) _ Psychemedics Corp. (PMD) on Monday reported a third-quarter loss of $1.1 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Acton, Massachusetts-based company said it had a loss of 20 cents.

The drug testing company posted revenue of $5.2 million in the period.

In the final minutes of trading on Monday, the company's shares hit $4.22. A year ago, they were trading at $9.40.

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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 PMD at https://www.zacks.com/ap/PMD