Amarin: Q3 Earnings Snapshot

DUBLIN (AP) — DUBLIN (AP) — Amarin Corp. PLC (AMRN) on Wednesday reported a loss of $25.1 million in its third quarter.

The Dublin-based company said it had a loss of 6 cents per share. Losses, adjusted for stock option expense, were 5 cents per share.

The biopharmaceutical company posted revenue of $42.3 million in the period, missing Street forecasts. Three analysts surveyed by Zacks expected $43.8 million.

In the final minutes of trading on Wednesday, the company’s shares hit 60 cents. A year ago, they were trading at 69 cents.

_____

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

Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.

Federal News Network Logo
Log in to your WTOP account for notifications and alerts customized for you.

Sign up