Medicines Co.: 3Q Earnings Snapshot

October 30, 2019 GMT

PARSIPPANY, N.J. (AP) _ The Medicines Co. (MDCO) on Wednesday reported a loss of $74 million in its third quarter.

The Parsippany, New Jersey-based company said it had a loss of 92 cents per share.

The results fell short of Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 84 cents per share.

Medicines Co. shares have more than tripled since the beginning of the year. The stock has more than doubled in the last 12 months.


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