Stocks in play: Nuvo Pharmaceuticals Inc.
Announced its financial and operational results for the three months ended September 30, 2019. Adjusted total revenue was $18.9 million for the three months ended September 30, 2019 compared to $5.1 million for the three months ended September 30, 2018. Adjusted EBITDA was $7.8 million for the three months ended September 30, 2019 compared to $(1.3) million for the three months ended September 30, 2018. Gross profit on total revenue was $11.3 million or 60% for the three months ended September 30, 2019 compared to a gross profit of $2.9 million or 57% for the three months ended September 30, 2018. Nuvo Pharmaceuticals Inc. shares T.NRI are trading up $0.06 at $0.53.