Rockwell Medical: Q1 Earnings Snapshot
Posted May 17, 2021 06:19:55 PM.
Last Updated May 17, 2021 06:25:22 PM.
WIXOM, Mich. (AP) _ Rockwell Medical Inc. (RMTI) on Monday reported a loss of $7.8 million in its first quarter.
The Wixom, Michigan-based company said it had a loss of 8 cents per share.
The maker of products used in the treatment of kidney disease and anemia posted revenue of $15.5 million in the period.
In the final minutes of trading on Monday, the company’s shares hit 93 cents. A year ago, they were trading at $2.03.
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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 RMTI at https://www.zacks.com/ap/RMTI
The Associated Press