ALPHARETTA, Ga. (AP) — ALPHARETTA, Ga. (AP) — Alimera Sciences Inc. (ALIM) on Monday reported a loss of $5 million in its first quarter.
The Alpharetta, Georgia-based company said it had a loss of 71 cents per share.
The eye drug developer posted revenue of $13.5 million in the period.
The company's shares closed at $1.62. A year ago, they were trading at $4.37.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ALIM at https://www.zacks.com/ap/ALIM
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