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QLT Inc. posts loss of $21.9 million in first quarter

VANCOUVER – VANCOUVER, British Columbia (AP) _ QLT Inc. (QLTI) on Thursday reported a loss of $21.9 million in its first quarter.

The Vancouver, British Columbia-based company said it had a loss of 41 cents per share. Losses, adjusted for non-recurring costs, came to 16 cents per share.

The company’s shares closed at $1.58. A year ago, they were trading at $3.72.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on QLTI at http://www.zacks.com/ap/QLTI

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Keywords: QLT Inc., Earnings Report