News

Transition Therapeutics posts second-quarter loss of $1.5 million

TORONTO – TORONTO (AP) _ Transition Therapeutics Inc. (TTHI) on Tuesday reported a loss of $1.5 million in its fiscal second quarter.

On a per-share basis, the Toronto-based company said it had a loss of 4 cents.

In the final minutes of trading on Tuesday, the company’s shares hit 93 cents. A year ago, they were trading at $7.10.

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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