BEDFORD, Mass. (AP) — BEDFORD, Mass. (AP) — Anika Therapeutics Inc. (ANIK) on Wednesday reported a loss of $2.3 million in its third quarter.
The Bedford, Massachusetts-based company said it had a loss of 16 cents per share. Earnings, adjusted for one-time gains and costs, came to 4 cents per share.
The medical technology company posted revenue of $27.8 million in the period.
Anika shares have decreased 41% since the beginning of the year. The stock has fallen 44% in the last 12 months.
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