Peregrine reports 2Q loss
Peregrine posts loss of $4.1 million in second quarter
TUSTIN, Calif. (AP) _ Peregrine Pharmaceuticals Inc. (PPHM) on Monday reported a loss of $4.1 million in its fiscal second quarter.
The Tustin, California-based company said it had a loss of 2 cents per share.
The pharmaceutical posted revenue of $23.4 million in the period.
In the final minutes of trading on Monday, the company's shares hit 37 cents. A year ago, they were trading at $1.22.
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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 PPHM at https://www.zacks.com/ap/PPHM
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Keywords: Peregrine, Earnings Report
