BioDelivery Sciences (BDSI) Misses Q2 EPS by 6c

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BioDelivery Sciences Provides Corporate Update and Reports Second Quarter 2015 Financial Results

August 10, 2015 7:00 AM EDT

RALEIGH, N.C., Aug. 10, 2015 /PRNewswire/ -- BioDelivery Sciences International, Inc. (BDSI) today reported financial results for the second quarter ended June 30, 2015, and reviewed its most significant recent accomplishments and upcoming milestones.

Net revenue for the second quarter ended June 30, 2015, was $1.7 million compared to $13.9 million in the corresponding period of 2014.  Revenue for the second quarter versus 2014 is less due to 2014 containing the database lock for one of the BELBUCA Phase 3 trials.  Net revenue for BUNAVAIL increased 23% versus first quarter while operating expenses decreased by 10% over the... More