MIAMI (AP) — MIAMI (AP) — Opko Health Inc. (OPK) on Wednesday reported a loss of $67.6 million in its first quarter.
On a per-share basis, the Miami-based company said it had a loss of 10 cents.
The results did not meet Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 6 cents per share.
The holding company with investments in pharmaceutical and diagnostics companies posted revenue of $149.9 million in the period, also falling short of Street forecasts. Six analysts surveyed by Zacks expected $164.5 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
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