RAMSEY, N.J. (AP) — RAMSEY, N.J. (AP) — Adma Biologics Inc. (ADMA) on Wednesday reported third-quarter profit of $36.4 million.
On a per-share basis, the Ramsey, New Jersey-based company said it had profit of 15 cents. Earnings, adjusted for non-recurring costs, came to 16 cents per share.
The infectious disease drug developer posted revenue of $134.2 million in the period.
Adma Biologics shares have decreased 10% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $15.37, a decline of 18% in the last 12 months.
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