DURECT Corporation Announces Third Quarter 2020 Financial Results and Update of Programs

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DURECT Corp (DRRX) Misses Q3 EPS by 1c

November 2, 2020 4:24 PM EST

DURECT Corp (NASDAQ: DRRX) reported Q3 EPS of ($0.05), $0.01 worse than the analyst estimate of ($0.04). Revenue for the quarter came in at $2.7 million versus the consensus estimate of $3.56 million.

At September 30, 2020, cash and investments were $49.8 million, compared to cash and investments of $51.3 million at June 30, 2020... More