Medicines Co.: 3Q Earnings Snapshot
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.