Acorda: Q2 Earnings Snapshot
By AP News
Published - Aug 08, 2023, 04:24 PM ET
Last Updated - Aug 08, 2023, 04:24 PM EDT
PEARL RIVER, N.Y. (AP) — PEARL RIVER, N.Y. (AP) — Acorda Therapeutics Inc. (ACOR) on Tuesday reported a loss of $9.4 million in its second quarter.
On a per-share basis, the Pearl River, New York-based company said it had a loss of $7.55.
The drugmaker posted revenue of $29.7 million in the period.
Acorda shares have increased roughly 8% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $16.50, an increase of 84% in the last 12 months.
