SOUTH SAN FRANCISCO, Calif. (AP) — SOUTH SAN FRANCISCO, Calif. (AP) — Theravance Biopharma Inc. (TBPH) on Monday reported a loss of $5.9 million in its second quarter.
On a per-share basis, the South San Francisco, California-based company said it had a loss of 11 cents. Earnings, adjusted for non-recurring costs and stock option expense, were 19 cents per share.
The biopharmaceutical company posted revenue of $20.7 million in the period, topping Street forecasts. Three analysts surveyed by Zacks expected $19.8 million.
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