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EN
Adagio Q2 Net Loss Widens to $6.7M
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Orange County Business Journal
The Laguna Hills-based device maker of a system that treats cardiac arrhythmias reported that net loss widened from $3.9 million to $6.7 million during the same quarter a year ago. Additionally, Adagio posted no revenue due to a pause in commercial activity in Europe, according to the company. Adagio’s stock fell 5% to 68 cents apiece and a $15 million market cap (Nasdaq: ADGM).