Teligent, Inc. Reports Consolidated Earnings Results for the Third Quarter and Year to Date Ended September 30, 2020
December 31, 2020 at 03:27 pm EST
Teligent, Inc. reported consolidated earnings results for the third quarter and year to date ended September 30, 2020. For the quarter, the company reported revenue, net of USD 14,339,000 against USD 18,466,000 a year ago. operating loss was USD 8,799,000 against income of USD 209,000 a year ago. Net loss was USD 510,000 against USD 7,113,000 a year ago. Basic and diluted loss per share was USD 0.08 against USD 1.32 a year ago.
For the nine months, the company reported revenue, net of USD 35,372,000 against USD 49,929,000 a year ago. Operating loss was USD 31,219,000 against USD 1,845,000 a year ago. Net loss was USD 41,678,000 against USD 19,826,000 a year ago. Basic and diluted loss per share was USD 7.32 against USD 3.68 a year ago.