DURECT Corp (DRRX) Tops Q4 EPS by 1c

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DURECT Corporation Announces Fourth Quarter 2015 Financial Results and Update of Programs

February 29, 2016 4:05 PM EST

CUPERTINO, Calif., Feb. 29, 2016 /PRNewswire/ -- DURECT Corporation (Nasdaq: DRRX) announced today financial results for the three months ended December 31, 2015. Total revenues were $5.2 million for the three months ended December 31, 2015 and $4.3 million for the three months ended December 31, 2014.  Net loss was $5.8 million for the three months ended December 31, 2015, compared to a net loss of $5.9 million for the same period in 2014.

Total revenues were $19.1 million and net loss was $22.7 million for the year ended December 31, 2015, compared to total revenues of $19.4 million and net loss of $22.1 million for the year ended December 31, 2014.    

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