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Fortress Biotech: Q1 Earnings Snapshot
May 17, 2021
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NEW YORK (AP) Fortress Biotech Inc. (FBIO) on Sunday reported a loss of $8.8 million in its first quarter.
The New York-based company said it had a loss of 11 cents per share.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 17 cents per share.
The biopharmaceutical company posted revenue of $11.6 million in the period, missing Street forecasts. Four analysts surveyed by Zacks expected $13.5 million.
The company s shares closed at $3.68. A year ago, they were trading at $2.57.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FBIO at https://www.zacks.com/ap/FBIO
By Mel Ford
May 17, 2021 | 9:19 AM
An Owensboro family is mourning the death of a toddler. The two year-old girl drowned at Falls of Rough Resort and Golf Course on Friday. The body of Serenity Mansfield was found by a farmer about six-miles downstream from where she’s believed to have fallen into Rough River Lake.
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By Mel Ford
May 17, 2021 | 9:18 AM
The governor’s office says over one-million-916-thousand Kentuckians have gotten at least one dose of a coronavirus vaccine. As of yesterday, the state’s positivity rate was well under three percent. It was slightly down from Saturday’s rate.
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