PEARL RIVER, N.Y. (AP) — PEARL RIVER, N.Y. (AP) — Acorda Therapeutics Inc. (ACOR) on Thursday reported a loss of $16.8 million in its first quarter.
On a per-share basis, the Pearl River, New York-based company said it had a loss of 69 cents.
The drugmaker posted revenue of $22.3 million in the period.
In the final minutes of trading on Thursday, the company’s shares hit 84 cents. A year ago, they were trading at 74 cents.
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