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Aloha922

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Aloha922

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Thursday, 03/09/2017 6:59:45 AM

Thursday, March 09, 2017 6:59:45 AM

Post# of 672
Earnings are out.


WAYNE, Pa. (AP) _ Egalet Corp. (EGLT) on Thursday reported a loss of $21.4 million in its fourth quarter.

The Wayne, Pennsylvania-based company said it had a loss of 87 cents per share.

The pain medicine maker posted revenue of $6.1 million in the period.

For the year, the company reported that its loss widened to $90.6 million, or $3.70 per share. Revenue was reported as $17 million.

The company's shares closed at $4.62. A year ago, they were trading at $6.75.

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