Teligent (TLGT) Reports Q4 Loss of $0.27/Share

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Go back to Teligent (TLGT) Reports Q4 Loss of $0.27/Share

Teligent, Inc. Announces Fourth Quarter and Year End 2018 Results

March 18, 2019 7:45 AM EDT

BUENA, N.J., March 18, 2019 (GLOBE NEWSWIRE) -- Teligent, Inc. (NASDAQ: TLGT), a New Jersey-based specialty generic pharmaceutical company, today announced its financial results for the fourth quarter and year ended December 31, 2018.

Fourth Quarter 2018 Highlights

Net revenues of $16.8 million in the fourth quarter of 2018, an increase of 14% over the same quarter in 2017, driven primarily by an increase of 39% in international revenues and a 19% increase in US Topical revenuesGross margin of 34% for the fourth quarter of 2018, a decrease from the 40% reported in the same quarter... More