Adamas Pharmaceuticals (ADMS) Misses Q2 EPS by 6c

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Adamas Reports Second Quarter 2015 Financial Results

August 11, 2015 4:04 PM EDT

EMERYVILLE, Calif., Aug. 11, 2015 (GLOBE NEWSWIRE) -- Adamas Pharmaceuticals, Inc. (Nasdaq: ADMS) today reported financial results for the second quarter of 2015. The company reported a net loss attributable to common stockholders of $14.1 million, or $0.78 per share, for the quarter ended June 30, 2015. In the same period last year, the company reported net income attributable to common stockholders of $16.4 million, or $0.88 per share. Adamas ended the current quarter with $143.1 million in cash, cash equivalents, and available-for-sale securities compared to $158.7 million at December 31, 2014. This includes $8.5 million raised from the issuance of 472,141 shares of common stock through the quarter-end... More