Idenix Pharmaceuticals, Inc. (IDIX) Posts Q2 EPS Loss of $0.15, Revenues Miss Expectations

August 8, 2011 4:56 PM EDT Send to a Friend
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Price: $4.06 --0%

EPS Growth %: +5.6%

Financial Fact:
Net loss: -30.75M

Today's EPS Names:
ZLC, TOL, TGT, More
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Idenix Pharmaceuticals, Inc. (NASDAQ: IDIX) reported Q2 EPS of ($0.15), $0.02 worse than the analyst estimate of ($0.13). Revenue for the quarter came in at $1 million versus the consensus estimate of $2.45 million.

The Company expects that its current cash, cash equivalents and the anticipated royalty payments associated with product sales of Tyzeka/Sebivo will be sufficient to satisfy its cash needs until at least the second quarter of 2012.


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