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Avadel: 4Q Earnings Snapshot

March 12, 2020 GMT

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.


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