Alexza Pharma (ALXA) Misses Q2 EPS by 3c

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Alexza Reports 2015 Second Quarter Financial Results

August 6, 2015 4:06 PM EDT

MOUNTAIN VIEW, Calif., Aug. 6, 2015 /PRNewswire/ -- Alexza Pharmaceuticals, Inc. (Nasdaq: ALXA) today reported financial results for the quarter ended June 30, 2015.  The net loss for the second quarter was $12.5 million compared to $6.0 million during the same quarter in 2014.  The net loss for the six months ended June 30, 2015 and 2014 was $12.9 million and $16.7 million, respectively.  At June 30, 2015, Alexza had consolidated cash, cash equivalents, and marketable securities of $15.7 million.

"We continue to see the incremental growth in the ADASUVE global launch.  ADASUVE is now available in 18 countries and we see continued increases in... More