VANCOUVER – VANCOUVER, British Columbia (AP) _ Merus Labs International Inc. (MSLI) on Wednesday reported a fiscal second-quarter loss of $2.5 million, after reporting a profit in the same period a year earlier.
The Vancouver, British Columbia-based company said it had a loss of 2 cents per share.
The drugmaker posted revenue of $14.4 million in the period.
In the final minutes of trading on Wednesday, the company’s shares hit $1.45. A year ago, they were trading at $2.40.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MSLI at http://www.zacks.com/ap/MSLI
Keywords: Merus Labs, Earnings Report