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DewDiligence

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DewDiligence

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Re: DewDiligence post# 173

Thursday, 08/03/2017 4:21:53 PM

Thursday, August 03, 2017 4:21:53 PM

Post# of 7254
RVNC 2Q17 results:

https://finance.yahoo.com/news/revance-releases-second-quarter-2017-200500714.html

The 6/30/17 cash balance was $165.5M, a reduction of $4.2M relative to 3/31/17 (#msg-131213039). The small cash burn was due to use of the ATM facility—details will be available in the 2Q17 10-Q or on today’s CC.

Cash-usage guidance for full-year 2017 (excluding financing transactions) is unchanged at $102-112M.

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

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