Merus Labs reports 1Q loss

Merus Labs posts loss of $4.7 million in 1st quarter

VANCOUVER, British Columbia (AP) _ Merus Labs International Inc. (MSLI) on Tuesday reported a loss of $4.7 million in its fiscal first quarter.

On a per-share basis, the Vancouver, British Columbia-based company said it had a loss of 4 cents.

The drugmaker posted revenue of $19.5 million in the period.

The company's shares closed at 82 cents. A year ago, they were trading at $1.32.

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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 MSLI at https://www.zacks.com/ap/MSLI

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Keywords: Merus Labs, Earnings Report

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