LAKE FOREST, Ill. (AP) — LAKE FOREST, Ill. (AP) — Assertio Holdings, Inc. (ASRT) on Monday reported third-quarter net income of $11.4 million, after reporting a loss in the same period a year earlier.
The Lake Forest, Illinois-based company said it had net income of 11 cents per share.
The drugmaker posted revenue of $49.5 million in the period.
Assertio expects full-year revenue in the range of $110 million to $112 million.
In the final minutes of trading on Monday, the company’s shares hit 80 cents. A year ago, they were trading at 85 cents.
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