Rockwell Medical: Q2 Earnings Snapshot

WIXOM, Mich. (AP) _ Rockwell Medical Inc. (RMTI) on Monday reported a loss of $8.4 million in its second quarter.

On a per-share basis, the Wixom, Michigan-based company said it had a loss of 9 cents.

The maker of products used in the treatment of kidney disease and anemia posted revenue of $15.1 million in the period.

In the final minutes of trading on Monday, the company’s shares hit 61 cents. A year ago, they were trading at $1.67.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RMTI at https://www.zacks.com/ap/RMTI

Categories: Business News