Assertio (ASRT) Reports Q2 Loss, Tops Revenue Estimates

Assertio (ASRT) came out with a quarterly loss of $0.04 per share versus the Zacks Consensus Estimate of a loss of $0.02. This compares to earnings of $0.13 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -100%. A quarter ago, it was expected that this drugmaker would post a loss of $0.01 per share when it actually produced earnings of $0.04, delivering a surprise of 500%.Over the last four quarters, the company has surpassed ...