PLx Pharma Inc. Reports Third Quarter 2019 Results
PLx Pharma Inc. (PLXP)
Last plx pharma inc. earnings: 3/13 06:50 am
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US:NASDAQ Investor Relations:
ir.plxpharma.com
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Source: GlobeNewswire
SPARTA, N.J., Nov. 08, 2019 (GLOBE NEWSWIRE) -- PLx Pharma Inc. (NASDAQ: PLXP) (“PLx” or the “Company”), a late-stage specialty pharmaceutical company initially focused on developing its clinically validated and patent-protected PLxGuard™ delivery system to provide more effective and safer products, VAZALORE™ 325 mg and VAZALORE™ 81 mg (referred to together as “VAZALORE”™), announced today certain financial and operational results for the three- and nine-month periods ended September 30, 2019. Highlights of, and certain events subsequent to, the third quarter of 2019 include: Net income attributable to common shareholders totaled $1.4 million, or $0.09 per basic and diluted share, compared to net loss of $3.4 million, or ($0.39) per basic and diluted share, for the third quarter of 2018. 2019 includes a non-cash gain of $5.5 million, or $0.55 per share compared to a charge of $0.4 million, or ($0.05) per share in 2018, related to the change in warrant liability;Presented an abstr
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