Strongbridge Biopharma: 2Q Earnings Snapshot
Strongbridge Biopharma: 2Q Earnings Snapshot
DUBLIN (AP) _ Strongbridge Biopharma (SBBP) on Wednesday reported a loss of $2.9 million in its second quarter.
The Dublin-based company said it had a loss of 43 cents per share. Losses, adjusted for one-time gains and costs, were 36 cents per share.
The biopharmaceutical company posted revenue of $4.3 million in the period, which fell short of Street forecasts. Four analysts surveyed by Zacks expected $4.5 million.
The company's shares closed at $4.50. A year ago, they were trading at $6.90.
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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 SBBP at https://www.zacks.com/ap/SBBP