Alexza Pharma (ALXA) Tops Q4 EPS by 33c

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Alexza Reports Fourth Quarter and Year End 2014 Financial Results

March 9, 2015 4:10 PM EDT

MOUNTAIN VIEW, Calif., March 9, 2015 /PRNewswire/ -- Alexza Pharmaceuticals, Inc. (Nasdaq: ALXA) today reported financial results for the quarter and year ended December 31, 2014.  The net loss for the fourth quarter was $6.7 million compared to $5.7 million during the same quarter in 2013.  The net loss for the years ended December 31, 2014 and 2013 was $36.7 million and $39.6 million, respectively.  At December 31, 2014, Alexza had consolidated cash, cash equivalents, marketable securities, and restricted cash of $37.5 million.

"During 2015 and beyond, we see several value opportunities for Alexza," said Thomas B. King, President and CEO of Alexza.  "We believe... More