DURECT Corp (DRRX) Misses Q3 EPS by 1c
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DURECT Corporation Announces Third Quarter 2020 Financial Results and Update of Programs
November 2, 2020 4:05 PM ESTCUPERTINO, Calif., Nov. 2, 2020 /PRNewswire/ -- DURECT Corporation (Nasdaq: DRRX) today announced financial results for the three months ended September 30, 2020 and provided a corporate update.
Total revenues were $2.7 million and net loss was $9.3 million for the three months ended September 30, 2020 as compared to total revenues of $10.8 million and net loss of $2.0 million for the three months ended September 30, 2019. At September 30, 2020, cash and investments were $49.8 million,... More