BURLINGAME, Calif. (AP) — BURLINGAME, Calif. (AP) — Innoviva Inc. (INVA) on Tuesday reported a fourth-quarter loss of $68.3 million, after reporting a profit in the same period a year earlier.
The Burlingame, California-based company said it had a loss of 98 cents per share. Earnings, adjusted for non-recurring costs, were 25 cents per share.
The biopharmaceutical company posted revenue of $65.8 million in the period.
For the year, the company reported profit of $213.9 million, or $2.37 per share. Revenue was reported as $331.3 million.
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