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Fortress Biotech Inc. Records $5.8 Million Loss in Q3

Associated Press +2 · ·by G4L

FBIO
FBIO Fortress Biotech Inc
$1.99 -1.00%
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  1. 1Fortress Biotech Inc. recorded a loss of $5.8 million in the third quarter.
  2. 2Fortress Biotech Inc. reported a loss of 23 cents per share in the third quarter.
  3. 3Fortress Biotech Inc. reported revenue of $19.2 million in the third quarter.

So what's the key point?

Fortress Biotech Inc. saw a loss of $5.8 million in the third quarter. This means the company spent more money than it earned.

Source Associated Press +2 · View original ↗

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