U.S. Markets open in 56 mins.

Threshold Pharmaceuticals posts 4Q loss

SOUTH SAN FRANCISCO, Calif. (AP) _ Threshold Pharmaceuticals Inc. (THLD) on Monday reported a fourth-quarter loss of $3.7 million, after reporting a profit in the same period a year earlier.

The South San Francisco, California-based company said it had a loss of 5 cents per share. Losses, adjusted for non-recurring gains, came to 7 cents per share.

For the year, the company reported a loss of $24.1 million, or 34 cents per share, swinging to a loss in the period.

In the final minutes of trading on Monday, the company's shares hit 57 cents. A year ago, they were trading at 44 cents.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on THLD at https://www.zacks.com/ap/THLD

_____

Keywords: Threshold Pharmaceuticals, Earnings Report