Alere Q2 Loss Narrows - Quick Facts

(RTTNews) - Medical devices maker Alere Inc. (ALR) Monday posted second-quarter net loss attributable to common stockholders of $55.0 million or $0.67 per share, compared with loss of $65.9 million or $0.81 per share a year ago. The latest results reflected lower interest and other expenses, as well as tax benefit. On an adjusted basis, the company earned $0.42 per share for the quarter. On average 8 analysts polled by Thomson Reuters expected the company to report earnings per share of $0.58. Analysts' estimates typically exclude special items. Revenues declined to $737.9 million from $764.0 million in the second quarter of 2013, while analysts expected it to be $747.55 million.