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TG Therapeutics: 1Q Earnings Snapshot

NEW YORK (AP) _ TG Therapeutics Inc. (TGTX) on Friday reported a loss of $35.2 million in its first quarter.

On a per-share basis, the New York-based company said it had a loss of 43 cents.

The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 47 cents per share.

The biopharmaceutical company posted revenue of $38,000 in the period, meeting Street forecasts.

TG Therapeutics shares have risen 98% since the beginning of the year. The stock has declined 37% 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 TGTX at https://www.zacks.com/ap/TGTX