Otonomy: Q1 Earnings Snapshot

By The Associated Press

Posted May 11, 2021 5:22 pm.

Last Updated May 11, 2021 5:24 pm.

SAN DIEGO (AP) _ Otonomy Inc. (OTIC) on Tuesday reported a loss of $12.2 million in its first quarter.

The San Diego-based company said it had a loss of 23 cents per share.

The biotechnology company posted revenue of $90,000 in the period.

In the final minutes of trading on Tuesday, the company’s shares hit $2.08. A year ago, they were trading at $2.45.

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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 OTIC at https://www.zacks.com/ap/OTIC

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