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Eagle Pharmaceuticals: 2Q Earnings Snapshot

researchsnappy by researchsnappy
August 10, 2020
in Healthcare Research
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Eagle Pharmaceuticals: 2Q Earnings Snapshot
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Aug. 10, 2020Updated: Aug. 10, 2020 7:15 a.m.

WOODCLIFF LAKE, N.J. (AP) _ Eagle Pharmaceuticals Inc. (EGRX) on Monday reported a second-quarter loss of $256,000, after reporting a profit in the same period a year earlier.

On a per-share basis, the Woodcliff Lake, New Jersey-based company said it had a loss of 2 cents. Earnings, adjusted for stock option expense and non-recurring costs, came to 57 cents per share.

The specialty pharmaceutical company posted revenue of $41.9 million in the period.

Eagle Pharmaceuticals shares have decreased 22% since the beginning of the year. The stock has decreased 17% in the last 12 months.

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

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