News

Transition Therapeutics posts loss of $3 million in 3rd quarter

TORONTO – TORONTO (AP) _ Transition Therapeutics Inc. (TTHI) on Wednesday reported a loss of $3 million in its fiscal third quarter.

On a per-share basis, the Toronto-based company said it had a loss of 8 cents.

In the final minutes of trading on Wednesday, the company’s shares hit 79 cents. A year ago, they were trading at $6.69.

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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 TTHI at http://www.zacks.com/ap/TTHI

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Keywords: Transition Therapeutics, Earnings Report