HENDERSON, Nev. (AP) _ Spectrum Pharmaceuticals Inc. (SPPI) on Thursday reported a loss of $35.7 million in its first quarter.
On a per-share basis, the Henderson, Nevada-based company said it had a loss of 25 cents.
The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 33 cents per share.
In the final minutes of trading on Thursday, the company's shares hit $3.07. A year ago, they were trading at $3.11.
The Associated Press