Shares in pSivida (NSDQ:PSDV) fell 6% today after the company missed expectations on Wall Street with its fiscal 1st-quarter results.
The Watertown, Mass.-based company posted losses of -$7.2 million, or -21¢ per share, on sales of $277,000 for the 3 months ended Sept. 30, for a bottom-line loss of -47% on a -41% sales decline, compared with the same period last year.
Get the full story at our sister site, Drug Delivery Business News.
The post pSivida misses Q3 estimates, profits slide 47% appeared first on MassDevice.
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