BEDFORD, Mass. (AP) _ Anika Therapeutics Inc. (ANIK) on Wednesday reported a second-quarter loss of $2.8 million, after reporting a profit in the same period a year earlier.

The Bedford, Massachusetts-based company said it had a loss of 20 cents per share.

The medical technology company posted revenue of $39.7 million in the period.

Anika shares have fallen 31% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $24.68, a drop of 40% in the last 12 months.

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