BUENA, N.J. (AP) _ Teligent Inc. (TLGT) on Monday reported a loss of $8.7 million in its first quarter.
The Buena, New Jersey-based company said it had a loss of 16 cents per share. Losses, adjusted for amortization costs and non-recurring costs, came to 9 cents per share.
The specialty generic pharmaceutical company posted revenue of $13.1 million in the period.
In the final minutes of trading on Monday, the company's shares hit 99 cents. A year ago, they were trading at $2.96.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TLGT at https://www.zacks.com/ap/TLGT