DURECT Corporation Announces First Quarter 2015 Financial Results and Update of Programs
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran
- Oil settles down more 3% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- Qtrex Quantum executives plan to buy up to 2M shares over 12 months
Durect (DRRX) PT Lifted to $3 at Cantor Fitzgerald on Solid Q1 and Multiple Catalysts
May 1, 2015 7:23 AM EDTCantor Fitzgerald analyst Irina Rivkind Koffler reiterated a Buy rating and bumped her price target on Durect Corp (NASDAQ: DRRX) to $3.00 (from $2.50) following solid Q1 results and multiple catalysts ahead.
Koffler commented, "Durect reported revenues of $4.8M and a net loss of ($0.04) relative to FactSet consensus of $4.8M and ($0.06). We have added cash from two potential Relday-associated milestones to our 2016 and 2017 collaborative R&D revenue estimates (we estimate $4.8M each based on management comments), while conservatively excluding what we believe is a... More
DURECT Corp (DRRX) Tops Q1 EPS by 2c
April 30, 2015 5:01 PM EDTDURECT Corp (NASDAQ: DRRX) reported Q1 EPS of ($0.04), $0.02 better than the analyst estimate of ($0.06). Revenue for the quarter came in at $4.77 million versus the consensus estimate of $4.82 million.
For earnings history and earnings-related data on DURECT Corp (DRRX) click here.
... More