RTTNews | Nov 1, 2021 07:03AM EDT

07:03 Monday, November 1, 2021 (RTTNews.com) - Biopharmaceutical company ANI Pharmaceuticals, Inc. (ANIP) reported Monday a third-quarter net loss of $4.45 million or $0.37 per share, compared to net income of $0.43 million or $0.04 per share in the prior-year quarter.

Excluding items, adjusted earnings for the quarter was $1.01 per share, compared to $ 0.97 per share in the year-ago quarter.

Net revenues for the quarter edged down to $52.06 million from $52.98 million in the same quarter last year.

On average, analysts polled by Thomson Reuters expected the company to report earnings of $0.70 per share on revenues of $49.7 million for the quarter. Analysts' estimates typically exclude special items.

Read the original article on RTTNews ( https://www.rttnews.com/3237700/ani-pharmaceuticals-slips-to-loss-in-q3-but-results-above-estimates-quick-facts.aspx)

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