BUENA, N.J. (AP) _ Teligent Inc. (TLGT) on Monday reported a loss of $7.1 million in its third quarter.
The Buena, New Jersey-based company said it had a loss of 13 cents per share. Losses, adjusted for amortization costs and non-recurring costs, came to 4 cents per share.
The specialty generic pharmaceutical company posted revenue of $18.5 million in the period.
In the final minutes of trading on Monday, the company's shares hit 67 cents. A year ago, they were trading at $3.46.