Stocks in play: Nuvo Pharmaceuticals Inc.
Announced its financial and operational results for the three and 12 months ended December 31, 2019. Adjusted total revenue was $74.7 million for the year ended December 31, 2019 compared to $20.5 million for the year ended December 31, 2018. Adjusted total revenue for the three months ended December 31, 2019 was $19.6 million compared to $4.8 million for the three months ended December 31, 2018. Adjusted EBITDA was $27.2 million for the year ended December 31, 2019 compared to $(3.1) million for the year ended December 31, 2018. Adjusted EBITDA for the three months ended December 31, 2019 was $8.6 million compared to $(4.5) million for the three months ended December 31, 2018. Nuvo Pharmaceuticals Inc. shares T.NRI are trading up $0.03 at $0.98.
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