InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,226.01
(
0.06%
)
US TECH 100
17,719.84
(
0.21%
)
Dow Jones
39,555.16
(
0.11%
)
Brent Oil
83.18
(
0.96%
)
Bitcoin
62,856.81
(
2.29%
)
Post# of 7370
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

DewDiligence

Send PM Follow Ignore
Followers 829
Posts 119621
Boards Moderated 14
Alias Born 09/05/2002

DewDiligence

Member Level

Re: DewDiligence post# 73

Thursday, 08/04/2016 4:37:05 PM

Thursday, August 04, 2016 4:37:05 PM

Post# of 7370
RVNC liquidity and cash-usage guidance:

http://finance.yahoo.com/news/revance-releases-second-quarter-2016-200500473.html

RVNC had $216.9M of cash at 6/30/16 (a reduction of $19.7M from 3/31/16).

Cash-usage guidance for 2016 has been lowered to a range of $90-100M (from the prior guidance of $105-115M) due to the discontinuation of RT001.

Inasmuch as cash burn for 1H16 has been $37.2M, the new guidance implies 2H16 burn of $53-63M, leaving a cash balance at 12/31/16 (assuming no new financing) of $154-164M.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Detailed Quote
Recent RVNC News
More RVNC News
InvestorsHub NewsWire

Avant Technologies Equipping AI-Managed Data Center with High Performance Computing Systems • AVAI • May 10, 2024 8:00 AM

VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM

Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM

Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM

Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM

Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM

Start posting your company's news
Only $200 per official company press release!