Teligent: Q1 Earnings Snapshot – 660 NEWS | #cybersecurity | #cyberattack


Teligent: Q1 Earnings Snapshot – 660 NEWS
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Last Updated May 25, 2021 at 5:30 am MDT

BUENA, N.J. (AP) _ Teligent Inc. (TLGT) on Tuesday reported first-quarter net income of $2.2 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Buena, New Jersey-based company said it had profit of 3 cents. Losses, adjusted for restructuring gains, came to 20 cents per share.

The specialty generic pharmaceutical company posted revenue of $11.6 million in the period.

The company’s shares closed at 52 cents. A year ago, they were trading at $4.

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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 TLGT at https://www.zacks.com/ap/TLGT

The Associated Press

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