LAKE FOREST, Ill. (AP) — LAKE FOREST, Ill. (AP) — Assertio Holdings, Inc. (ASRT) on Monday reported a loss of $4.5 million in its first quarter.
On a per-share basis, the Lake Forest, Illinois-based company said it had a loss of 5 cents. Earnings, adjusted for amortization costs and non-recurring costs, came to 4 cents per share.
The drugmaker posted revenue of $32.4 million in the period.
In the final minutes of trading on Monday, the company’s shares hit $1.22. A year ago, they were trading at $5.90.
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