Newz(HROW) on Monday reported a loss of $17.3 million in its second quarter. The Nashville, Tennessee-based company said it had a loss of 46 cents per share. Losses, adjusted for amortization costs, came to 34 cents per share.
The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 23 cents per share. The pharmaceutical and drug compounding company posted revenue of $70.7 million in the period, which also did not meet Street forecasts.
Three analysts surveyed by Zacks expected $71.1 million. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HROW at https://www.zacks.com/ap/HROW Source
MIAMI (AP) — MIAMI (AP) — WhiteHorse Finance Inc. (WHF) on Monday reported second-quarter net income of $10.4 million. On a per-share basis, the Miami-based company said it had profit of 48 cents.
Earnings, adjusted for investment gains, were 22 cents per share. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 25 cents per share. The lender to small companies posted revenue of $14.4 million in the period, which also fell short of Street forecasts.
Four analysts surveyed by Zacks expected $15.2 million. Access a Zacks stock report on WHF at https://www.zacks.com/ap/WHF Source (URG) on Monday reported a loss of $16.7 million in its second quarter.
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