Pozen, Inc. (POZN) Posts Q3 Loss of $0.24, Reaffirms Guidance
Tweet
Share
E-mailGet Alerts POZN Hot Sheet
Price: $5.94 --0%
Financial Fact:
Income (loss) before income tax expense: -8.18M
Today's EPS Names:
SVBT, ZEO, OTLK, More
Financial Fact:
Income (loss) before income tax expense: -8.18M
Today's EPS Names:
SVBT, ZEO, OTLK, More
Join SI Premium – FREE
Pozen, Inc. (NASDAQ: POZN) reported Q3 EPS of ($0.24), $0.01 worse than the analyst estimate of ($0.23). Revenue for the quarter came in at $4.9 million versus the consensus estimate of $4.77 million.
As previously announced on October 4, 2011, we are estimating 2011 revenue to be in the range of $18-$19 million. We are estimating 2011 operating expenses to be in the range of $45.5-$47.5 million and estimating a full year net loss of $27-$29 million. At the end of the year, we project our cash and short-term investment balance to be in the range of $39-$41 million.
As previously announced on October 4, 2011, we are estimating 2011 revenue to be in the range of $18-$19 million. We are estimating 2011 operating expenses to be in the range of $45.5-$47.5 million and estimating a full year net loss of $27-$29 million. At the end of the year, we project our cash and short-term investment balance to be in the range of $39-$41 million.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Blackhawk Network (HAWK) Reports Q2 Loss of $0.07; Offers Guidance
- Boost Run, Inc. (BRUN) Reports Q2 Revenue of $31.1M
- CaliberCos Inc (CWD) Misses Q2 EPS by 43c; Offers Guidance
Create E-mail Alert Related Categories
Earnings, GuidanceSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
