Opko Health Inc (OPK): Mentions how they did .... shows .08...

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Tuesday, 05/12/2015 10:06:44 AM

Tuesday, May 12, 2015 10:06:44 AM

Mentions how they did .... shows .08

OPKO Health reports 1Q loss

OPKO Health posts 1Q revenue of $30.1 million, result beats expectations

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Associated Press

17 hours ago

MIAMI (AP) _ Opko Health Inc. (OPK) on Monday reported a loss of $117.1 million in its first quarter.

The Miami-based company said it had a loss of 26 cents per share. Losses, adjusted for non-recurring costs and research and development costs, were 8 cents per share.

The holding company with investments in pharmaceutical and diagnostics companies posted revenue of $30.1 million in the period, which topped Street forecasts. Three analysts surveyed by Zacks expected $27.2 million.

OPKO Health shares have increased 43 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $14.30, a climb of 74 percent in the last 12 months.