Telik, Inc. (TELK) Reports Q4 Loss of $0.05, Offers FY12 Outlook

February 23, 2012 4:28 PM EST
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Price: $1.46 --0%

Financial Fact:
Net loss: -4.36M

Today's EPS Names:
EGRX, NMRD, VAXX, More
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Telik, Inc. (NASDAQ: TELK) reported Q4 EPS of ($0.05), versus ($0.18) reported last year.

For the full year 2012, Telik anticipates total operating costs and expenses to be in the range of $12.0 million to $13.0 million, which includes stock-based compensation expense of approximately $0.8 million. The company's cash utilization for the full year 2012 is expected to be in the range of $13.0 million to $14.0 million and will have to raise additional funds through equity or debt financings in order to meet its 2012 cash requirements.

For earnings history and earnings-related data on Telik, Inc. (TELK) click here.


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