Aradigm Corp. (ARDM) Tops Q4 EPS by 1c
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Aradigm Announces Fourth Quarter 2014 and Full Year Financial Results
March 17, 2015 7:00 AM EDTHAYWARD, Calif.--(BUSINESS WIRE)-- Aradigm Corporation (NASDAQ: ARDM) (the Company) today announced financial results for the fourth quarter and full year ended December 31, 2014.
Fourth Quarter 2014 Results
The Company recorded $8.1 million in revenue in the fourth quarter of 2014 compared with $4.6 million in revenue in the fourth quarter of 2013. Total operating expenses for the fourth quarter of 2014 were $8.9 million, compared with total operating expenses of $4.9 million for the fourth quarter of 2013. The increase in operating expenses was primarily due to higher research and development expenses related to the... More
