HENDERSON, Nev. (AP) _ Spectrum Pharmaceuticals Inc. (SPPI) on Thursday reported a loss of $26 million in its third quarter.
On a per-share basis, the Henderson, Nevada-based company said it had a loss of 23 cents. Losses, adjusted for one-time gains and costs, came to 22 cents per share.
Spectrum Pharma shares have declined slightly more than 9% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $7.94, a drop of 40% in the last 12 months.