Zogenix, Inc. (ZGNX) Posts Q1 EPS Loss of $0.56, Misses Consensus by 6c, Reaffirms FY11 Guidance
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Zogenix, Inc. (NASDAQ: ZGNX) reported Q1 EPS of ($0.56), $0.06 worse than the analyst estimate of ($0.50). Revenue for the quarter came in at $9.04 million versus the consensus estimate of $10.02 million.
Zogenix, Inc. sees FY2011 revenue of $46-$52 million, versus consensus of $50.18 million. Gross margin is expected to be 50% to 60% for 2011.
Zogenix, Inc. sees FY2011 revenue of $46-$52 million, versus consensus of $50.18 million. Gross margin is expected to be 50% to 60% for 2011.
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