CorMedix: 2Q Earnings Snapshot

Associated Press |

BERKELEY HEIGHTS, N.J. (AP) _ CorMedix Inc. (CRMD) on Tuesday reported a loss of $696,000 in its second quarter.

On a per-share basis, the Berkeley Heights, New Jersey-based company said it had a loss of 3 cents. Losses, adjusted for pretax gains, came to 24 cents per share.

The pharmaceutical and medical device company posted revenue of $35,300 in the period. Its adjusted revenue was $35,000.

CorMedix shares have risen 27% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $8.20, more than doubling in the last 12 months.

This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on CRMD at

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to:



Symbol Last Price Change % Change






Can the Media Solve the Partisan Conflict?

Andrew McCarthy, Contributing Editor, The National Review; Michael Zeldin, CNN Legal Analyst; Celeste Katz, Senior Political Reporter, Glamour; Silvia Davi, SVP, Contributing Editor,; and Doug Simon, CEO, D S Simon Media discuss how the media’s role has shaped the landscape for communicators and what the media is trying to do to reduce discord in society.