Maxygen (MAXY) Q2 EPS Falls 47% to $0.99; Declares Special Dividend

Maxygen (NASDAQ: MAXY) reported Q2 EPS of $0.99, versus $1.86 reported last year. Revenue for the quarter came in at $30 million, versus $3 thousand reported last year.

Maxygen’s Board of Directors has authorized a special pro rata distribution of $3.60 per share for each outstanding share of Maxygen common stock owned on the close of business on the August 21, 2012 record date. The cash distribution will total approximately $100.0 million in the aggregate based on shares of the company’s common stock outstanding on July 31, 2012. The cash distribution is expected to be paid on September 6, 2012.

For earnings history and earnings-related data on Maxygen (MAXY) click here.

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