XenoPort (XNPT) Misses Q2 EPS by 7c

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XenoPort Reports Second Quarter Financial Results

August 5, 2015 4:05 PM EDT

HORIZANT Net Product Sales Increased 67% Over Second Quarter 2014

SANTA CLARA, Calif.--(BUSINESS WIRE)-- XenoPort, Inc. (Nasdaq: XNPT) announced today financial results for the second quarter and six months ended June 30, 2015. Total revenues for the second quarter were $8.6 million, compared to $5.3 million for the same period in 2014. Net loss for the second quarter was $24.5 million, compared to a net loss of $19.4 million for the same period in 2014. At June 30, 2015, XenoPort had cash, cash equivalents and short-term investments of $170.4 million.

XenoPort Business Updates

The following key events occurred since the... More