Avadel: 4Q Earnings Snapshot
DUBLIN (AP) _ Avadel Pharmaceuticals PLC (AVDL) on Thursday reported a loss of $2.7 million in its fourth quarter.
The Dublin-based company said it had a loss of 7 cents per share.
The specialty pharmaceutical company posted revenue of $11 million in the period.
For the year, the company reported that its loss narrowed to $33.2 million, or 89 cents per share. Revenue was reported as $59.2 million.
Avadel shares have increased almost 6% since the beginning of the year. The stock has more than quadrupled in the last 12 months.