VANCOUVER, British Columbia – VANCOUVER, British Columbia (AP) _ Novelion Therapeutics Inc. (NVLN) on Tuesday reported a loss of $21.4 million in its second quarter.
The Vancouver, British Columbia-based company said it had a loss of $1.15 per share. Losses, adjusted for amortization costs and non-recurring costs, were 8 cents per share.
The retinal disease treatment developer posted revenue of $40.9 million in the period.
Novelion Therapeutics expects full-year revenue in the range of $135 million to $145 million.
Novelion Therapeutics shares have increased almost 6 percent since the beginning of the year.
_____
This story was generated by Automated Insights using data from Zacks Investment Research. Access a Zacks stock report on NVLN at https://www.zacks.com/ap/NVLN
_____
Keywords: Novelion Therapeutics, Earnings Report
The hottest stories ripped from the headlines, from crime to courts, legal and scandal.
