Acura Pharma (ACUR) Misses Q1 EPS by 4c
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Acura Pharmaceuticals Announces First Quarter 2015 Financial Results
May 4, 2015 4:15 PM EDTPALATINE, IL -- (Marketwired) -- 05/04/15 --
Acura Pharmaceuticals, Inc. (NASDAQ: ACUR), a specialty pharmaceutical company developing products intended to address medication abuse and misuse, announced today financial results for the first quarter ended March 31, 2015.
The Company reported net income of $1.2 million for the first quarter 2015 or $0.03 per diluted share, compared to net loss of $4.1 million or $0.08 per diluted share for the same period in 2014.
Revenues for the quarter were $5.4 million compared to only $42 thousand in the first quarter of 2014 reflecting the $5.0 million payment arising from licensing Oxaydo to Egalet... More
