QLT Inc. posts loss of $21.9 million in first quarter

VANCOUVER, British Columbia (AP) _ QLT Inc. (QLTI) on Thursday reported a loss of $21.9 million in its first quarter.

The Vancouver, British Columbia-based company said it had a loss of 41 cents per share. Losses, adjusted for non-recurring costs, came to 16 cents per share.

The company’s shares closed at $1.58. A year ago, they were trading at $3.72.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on QLTI at http://www.zacks.com/ap/QLTI

_____

Keywords: QLT Inc., Earnings Report

News from © The Associated Press, . All rights reserved.
This material may not be published, broadcast, rewritten or redistributed.

Join the Conversation!

Want to share your thoughts, add context, or connect with others in your community?

Create a free account

The Associated Press

The Associated Press is an independent global news organization dedicated to factual reporting. Founded in 1846, AP today remains the most trusted source of fast, accurate, unbiased news in all formats and the essential provider of the technology and services vital to the news business. More than half the world’s population sees AP journalism every day.

Related Articles