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Pain Therapeutics reports 4Q loss

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 ( using data from Zacks Investment Research. Access a Zacks stock report on PTIE at


Keywords: Pain Therapeutics, Earnings Report