BEDFORD, Mass. (AP) — BEDFORD, Mass. (AP) — Anika Therapeutics Inc. (ANIK) on Thursday reported a loss of $88,000 in its second quarter.
The Bedford, Massachusetts-based company said it had a loss of 1 cent per share. Earnings, adjusted for stock option expense and non-recurring costs, were 17 cents per share.
The medical technology company posted revenue of $41.9 million in the period.
Anika shares have increased 13% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $25.69, a climb of 22% in the last 12 months.
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