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Teligent: 3Q Earnings Snapshot

November 4, 2019 GMT

BUENA, N.J. (AP) _ Teligent Inc. (TLGT) on Monday reported a loss of $7.1 million in its third quarter.

The Buena, New Jersey-based company said it had a loss of 13 cents per share. Losses, adjusted for amortization costs and non-recurring costs, came to 4 cents per share.

The specialty generic pharmaceutical company posted revenue of $18.5 million in the period.

In the final minutes of trading on Monday, the company’s shares hit 67 cents. A year ago, they were trading at $3.46.


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