MISSISSAUGA, Ontario (AP) _ Acerus Pharmaceuticals Corporation (ASPCF) on Monday reported a loss of $7.1 million in its second quarter.

The Mississauga, Ontario-based company said it had a loss of less than 1 cent on a per-share basis.

The drugmaker posted revenue of $512,000 in the period.

In the final minutes of trading on Monday, the company's shares hit 4 cents. A year ago, they were trading at 5 cents.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ASPCF at https://www.zacks.com/ap/ASPCF

Copyright by Automated Insights, Inc. All rights reserved., source Associated Press News