Palatin Technologies Inc. (PTN) has announced a reduced loss for the third quarter compared to the same period last year.
The company's net loss amounted to $8.44 million, or $0.53 per share, which is an improvement over the net loss of $8.67 million, or $0.76 per share, reported in the third quarter of the previous year.
Key financials (GAAP) for Palatin Technologies Inc.:
- Net loss for Q3: $8.44 million compared to $8.67 million last year.
- Loss per share (EPS) for Q3: $0.53 compared to $0.76 last year.
