AUSTIN, Texas (AP) _ Pain Therapeutics (PTIE) on Friday reported a loss of $2.5 million in its fourth quarter.
The Austin, Texas-based company said it had a loss of 6 cents per share.
For the year, the company reported a loss of $14.9 million, or 33 cents per share, swinging to a loss in the period.
The company's shares closed at 59 cents. A year ago, they were trading at $1.80.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PTIE at https://www.zacks.com/ap/PTIE
Keywords: Pain Therapeutics, Earnings Report