Retrophin: 2Q Earnings Snapshot
Posted July 30, 2020 5:29 pm.
Last Updated July 30, 2020 5:38 pm.
This article is more than 5 years old.
SAN DIEGO (AP) _ Retrophin Inc. (RTRX) on Thursday reported a loss of $26.1 million in its second quarter.
The San Diego-based company said it had a loss of 58 cents per share.
The results met Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for a loss of 58 cents per share.
The drug developer posted revenue of $48.4 million in the period, which missed Street forecasts. Three analysts surveyed by Zacks expected $48.5 million.
Retrophin shares have climbed 46% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $20.69, an increase of roughly 3% 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 RTRX at https://www.zacks.com/ap/RTRX
The Associated Press
