Rockwell Medical: Q4 Earnings Snapshot

WIXOM, Mich. (AP) _ Rockwell Medical Inc. (RMTI) on Wednesday reported a loss of $8.7 million in its fourth quarter.

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

The maker of products used in the treatment of kidney disease and anemia posted revenue of $15.2 million in the period.

For the year, the company reported that its loss narrowed to $30.9 million, or 41 cents per share. Revenue was reported as $62.2 million.

In the final minutes of trading on Wednesday, the company’s shares hit $1.16. A year ago, they were trading at $2.05.


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