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MIAMI (AP) — MIAMI (AP) — Opko Health Inc. (OPK) on Wednesday reported a loss of $10.3 million in its second quarter.
The Miami-based company said it had a loss of 1 cent per share.
The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 9 cents per share.
The holding company with investments in pharmaceutical and diagnostics companies posted revenue of $182.2 million in the period, which did not meet Street forecasts. Five analysts surveyed by Zacks expected $185.3 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on OPK at https://www.zacks.com/ap/OPK