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Rockwell Medical: 4Q Earnings Snapshot

WIXOM, Mich. (AP) _ Rockwell Medical Inc. (RMTI) on Thursday reported a loss of $9.4 million in its fourth quarter.

The Wixom, Michigan-based company said it had a loss of 17 cents per share. Losses, adjusted for non-recurring costs, were 15 cents per share.

The maker of products used in the treatment of kidney disease and anemia posted revenue of $16.9 million in the period.

For the year, the company reported that its loss widened to $32.1 million, or 61 cents per share. Revenue was reported as $63.4 million.

Rockwell Medical shares have more than doubled since the beginning of the year. The stock has declined 22 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 RMTI at https://www.zacks.com/ap/RMTI