AP NEWS

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.

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