AP NEWS

AcelRx Pharmaceuticals: 4Q Earnings Snapshot

March 16, 2020 GMT

REDWOOD CITY, Calif. (AP) _ AcelRx Pharmaceuticals Inc. (ACRX) on Monday reported a loss of $14.4 million in its fourth quarter.

The Redwood City, California-based company said it had a loss of 18 cents per share.

The drugmaker posted revenue of $475,000 in the period.

For the year, the company reported that its loss widened to $53.2 million, or 67 cents per share. Revenue was reported as $2.3 million.

The company’s shares closed at $1.03. A year ago, they were trading at $3.03.

_____

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