NovaBay Pharma Q1 Loss Narrows

(RTTNews) - NovaBay Pharmaceuticals Inc.(NBY) Thursday reported first-quarter net loss of $3.6 million or $0.08 per share, narrower than $4.0 million or $0.11 per share in the year-ago quarter. Analysts polled by Thomson Reuters expected the company to report a loss of $0.11 per share. Analysts' estimates typically exclude special items.

Sales revenue for the latest first quarter was $188 thousand, compared to $63 thousand in the year-ago period. Total other revenue for the period declined top $100 thousand from $957 thousand last year. Analysts expected revenue of $490 thousand.