DURECT Corp (DRRX) Reports In-Line Q4 EPS

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Go back to DURECT Corp (DRRX) Reports In-Line Q4 EPS

DURECT Corporation Announces Fourth Quarter and Full Year 2016 Financial Results and Update of Programs

March 14, 2017 4:02 PM EDT

CUPERTINO, Calif., March 14, 2017 /PRNewswire/ -- DURECT Corporation (Nasdaq: DRRX) announced today financial results for the three months and year ended December 31, 2016 and provided a corporate update.  

Total revenues were $3.5 million and net loss was $8.8 million for the three months ended December 31, 2016 as compared to total revenues of $5.2 million and net loss of $5.8 million for the three months ended December 31, 2015. Total revenues were $14.0 million and net loss was $34.5 million for the year ended December 31, 2016, compared to total revenues of $19.1 million and net loss of $22.7 million for the year ended... More