AVI BioPharma (AVII) Misses Q3 EPS by 1c

November 10, 2008 4:06 PM EST
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AVI BioPharma (Nasdaq: AVII) reports Q3 loss of $0.08, 1 cent worse than the analyst estimate of ($0.07). Revenue for the quarter was $5.2 million, versus the consensus of $5.86 million.

AVI BioPharma, Inc., a biopharmaceutical company, develops therapeutic products based on NeuGene antisense drugs and ESPRIT alternative RNA splicing technology. Its lead product candidate, Resten-NG that completed Phase II clinical trial is targeted at cardiovascular disease.

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