LAKE FOREST, Ill. (AP) — LAKE FOREST, Ill. (AP) — Assertio Holdings, Inc. (ASRT) on Monday reported a fourth-quarter loss of $57.4 million, after reporting a profit in the same period a year earlier.
On a per-share basis, the Lake Forest, Illinois-based company said it had a loss of 61 cents. Earnings, adjusted for one-time gains and costs, were 11 cents per share.
The drugmaker posted revenue of $33 million in the period.
For the year, the company reported a loss of $331.9 million, or $4.67 per share, swinging to a loss in the period. Revenue was reported as $152.1 million.
In the final minutes of trading on Monday, the company's shares hit 93 cents. A year ago, they were trading at $6.66.
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