Rockwell Medical Q4 Losses Wider Than Expected


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Rockwell Medical Inc

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(NASDAQ: RMTI) posted a wider-than expected fourth-quarter loss on sales that beat Wall Street views by a slim margin.The Wixom, Michigan-based maker of dialysis kits wasn't trading in the extended session, but closed Thursday at $11.13, up nearly 4 percent.Rockwell's net loss narrowed to $6.38 million, or $0.14 a share, from $8.33 million, or $0.21 a share last year.Sales grew to $14.4 million from $13.9 million a year earlier.Wall Street expected a loss of $0.09 a share, on revenue of $13.2 million.Rockwell didn't immediately provide earnings guidance.

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Posted In: EarningsNewsAfter-Hours Center