Teligent (TLGT) Tops Q2 EPS by 16c, Revenues Beat

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Teligent, Inc. Announces Second Quarter 2020 Results

August 19, 2020 7:30 AM EDT

BUENA, N.J., Aug. 19, 2020 (GLOBE NEWSWIRE) -- Teligent, Inc. (NASDAQ: TLGT), a New Jersey-based specialty generic pharmaceutical company, today announced its financial results for the second quarter ended June 30, 2020.

Financial Highlights

Second Quarter 2020 vs. First Quarter 2020

Revenues of $13.6 million, an increase of $6.1 million or 82%, stronger demand for both US topical products and injectable products sold in Canada Gross profit of $2.5 million, an increase of $3.7 million or 315% driven by the increase in... More