SAN DIEGO (AP) _ Trovagene Inc. (TROV) on Wednesday reported a loss of $8.5 million in its fourth quarter.
On a per-share basis, the San Diego-based company said it had a loss of 34 cents. Losses, adjusted for restructuring costs, were 31 cents per share.
The molecular diagnostic company posted revenue of $68,000 in the period.
For the year, the company reported that its loss widened to $39.2 million, or $1.37 per share. Revenue was reported as $381,000.
In the final minutes of trading on Wednesday, the company's shares hit $1.75. A year ago, they were trading at $5.14.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TROV at https://www.zacks.com/ap/TROV
Keywords: Trovagene, Earnings Report