BEDFORD, Mass. (AP) _ Anika Therapeutics Inc. (ANIK) on Tuesday reported a third-quarter loss of $4.2 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Bedford, Massachusetts-based company said it had a loss of 29 cents.

The medical technology company posted revenue of $40.3 million in the period.

Anika shares have declined 24% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $27.37, a decrease of 34% in the last 12 months.

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