Rockwell Medical Technologies (RMTI) Tops Q3 EPS by 1c

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Go back to Rockwell Medical Technologies (RMTI) Tops Q3 EPS by 1c

Rockwell Medical Reports Third Quarter Results

November 7, 2016 4:01 PM EST

WIXOM, Mich., Nov. 07, 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 third quarter of 2016.

Q3 2016 Financial Highlights

Sales were $12.8 million, or $1.6 million lower than Q3 2015, primarily due to lower contract manufacturing sales.Gross profit... More