<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=192888919167017&amp;ev=PageView&amp;noscript=1">
Wednesday,  November 27 , 2024

Linkedin Pinterest
Check Out Our Newsletters envelope icon
Get the latest news that you care about most in your inbox every week by signing up for our newsletters.
News / Business / Business Briefs

Drug developer Omeros reports $14.5M loss in Q2

By Wire services
Published: August 12, 2019, 5:34am

SEATTLE — Omeros Corporation on Thursday reported a loss of $14.5 million in its second quarter.

The Seattle-based company said it had a loss of 29 cents per share. Losses, adjusted for stock option expense, were 16 cents per share.

The drug developer posted revenue of $26.8 million in the period.

Omeros shares have climbed 46 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $16.31, a fall of 25 percent in the last 12 months.

Loading...