Neos Therapeutics reports 3Q loss
GRAND PRAIRIE, Texas (AP) _ Neos Therapeutics Inc. (NEOS) on Wednesday reported a loss of $16.3 million in its third quarter.
On a per-share basis, the Grand Prairie, Texas-based company said it had a loss of 58 cents.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 69 cents per share.
The pharmaceutical company posted revenue of $6.7 million in the period.
Neos Therapeutics shares have risen 83 percent since the beginning of the year. The stock has risen 95 percent in the last 12 months.