WASHINGTON (dpa-AFX) - Palatin Technologies Inc. (PTN) released a profit for fourth quarter that declined from the same period last year.
The company's bottom line totaled $11.8 million, or $0.06 per share. This compares with $13.3 million, or $0.07 per share, in last year's fourth quarter.
The company's revenue for the quarter fell 39.2% to $20.6 million from $33.9 million last year.
Palatin Technologies Inc. earnings at a glance:
-Earnings (Q4): $11.8 Mln. vs. $13.3 Mln. last year. -EPS (Q4): $0.06 vs. $0.07 last year. -Revenue (Q4): $20.6 Mln vs. $33.9 Mln last year.
Copyright RTT News/dpa-AFX