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Rockwell Medical Technologies (RMTI) Misses Q2 EPS by 1c

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Rockwell Medical Reports Second Quarter Results

August 8, 2016 4:01 PM EDT

WIXOM, Mich., Aug. 08, 2016 (GLOBE NEWSWIRE) -- Rockwell Medical, Inc. (NASDAQ: RMTI), a fully-integrated biopharmaceutical company targeting end-stage renal disease (ESRD) and chronic kidney disease (CKD) with innovative products and services for the treatment of iron replacement, secondary hyperparathyroidism and hemodialysis, reported results for the second quarter of 2016.

Q2 2016 Financial Highlights

Sales were $13.5 million, or 3.8% higher than Q2 2015.Gross profit was $1.5 million compared to $2.1 million in Q2 2015, due to a $0.5 million increase... More