Fortress Biotech: 2Q Earnings Snapshot
NEW YORK (AP) _ Fortress Biotech Inc. (FBIO) on Friday reported a loss of $13.1 million in its second quarter.
On a per-share basis, the New York-based company said it had a loss of 24 cents.
The biopharmaceutical company posted revenue of $9.3 million in the period.
In the final minutes of trading on Friday, the company’s shares hit $1.35. A year ago, they were trading at $2.13.