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Spectrum Pharma: 4Q Earnings Snapshot

Associated Press
Updated ·1-min read

HENDERSON, Nev. (AP) _ Spectrum Pharmaceuticals Inc. (SPPI) on Thursday reported a loss of $39.1 million in its fourth quarter.

On a per-share basis, the Henderson, Nevada-based company said it had a loss of 35 cents. Losses, adjusted for one-time gains and costs, came to 30 cents per share.

For the year, the company reported that its loss narrowed to $112.7 million, or $1.02 per share.

In the final minutes of trading on Thursday, the company's shares hit $2.40. A year ago, they were trading at $10.81.

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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 SPPI at https://www.zacks.com/ap/SPPI