Zogenix, Inc. (ZGNX) Posts Q2 EPS Loss of $0.56, Tweaks FY11 Sales Guidance
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Zogenix, Inc. (NASDAQ: ZGNX) reported Q2 EPS of ($0.56), $0.04 worse than the analyst estimate of ($0.52). Revenue for the quarter came in at $10.2 million versus the consensus estimate of $11.13 million.
The company see FY2011 total revenue of $43-$47 million, versus the consensus of $48.54 million. Product gross margin is expected to be 48% to 52% for 2011.
The company see FY2011 total revenue of $43-$47 million, versus the consensus of $48.54 million. Product gross margin is expected to be 48% to 52% for 2011.
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