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Adma Biologics: Q1 Earnings Snapshot

Adma Biologics: Q1 Earnings Snapshot

By AP News
Published - May 10, 2023, 04:12 PM ET
Last Updated - Jun 21, 2023, 08:57 PM EDT

RAMSEY, N.J. (AP) — RAMSEY, N.J. (AP) — Adma Biologics Inc. (ADMA) on Wednesday reported a loss of $6.8 million in its first quarter.

On a per-share basis, the Ramsey, New Jersey-based company said it had a loss of 3 cents.

The infectious disease drug developer posted revenue of $56.9 million in the period.

In the final minutes of trading on Wednesday, the company's shares hit $3.57. A year ago, they were trading at $1.61.

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