divendres, 3 de març del 2017

AcelRx Pharmaceuticals gains on Q4 earnings

AcelRx gains on Q4 earningsShares in AcelRx Pharmaceuticals (NSDQ:ACRX) rose today after the pharmaceutical company met expectations on Wall Street with its 4th quarter results.

The Redwood City, Calif.-based company pared its losses to -$9.7 million, or -21¢ per share, on sales of $6.4 million for the 3 months ended Dec. 31, for bottom-line growth of 8.2% on sales growth of 276.5% compared with the same period last year.

Adjusted to exclude 1-time items, losses per share were -21¢, ahead of the -24¢ consensus on The Street.

Get the full story at our sister site, Drug Delivery Business News.

The post AcelRx Pharmaceuticals gains on Q4 earnings appeared first on MassDevice.



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