Teligent, Inc. announced consolidated earnings results for the third quarter and first nine months ended September 30, 2019. For the quarter, the company announced revenue, net was $18,466,000 compared to $18,294,000 for the same period a year ago. Operating income was $209,000 compared to operating loss of $1,213,000 for the same period a year ago. Net loss was $7,113,000 compared to $3,945,000 for the same period a year ago. Basic and diluted loss per share was $0.13 compared to $0.07 for the same period a year ago.

For the first nine months, the company announced revenue, net was $49,929,000 compared to $49,088,000 for the same period a year ago. Operating loss was $1,845,000 compared to $9,654,000 for the same period a year ago. Net loss was $19,826,000 compared to $21,866,000 for the same period a year ago. Basic and diluted loss per share was $0.37 compared to $0.41 for the same period a year ago.

The company provided earnings guidance for the full year of fiscal 2019. The company projects revenues of $68.5 million to $72.5 million for the full year.