Tuesday, August 28, 2012 8:41:31 PM
(RTTNews) - Medivation Inc. (MDVN:Quote) Thursday reported a narrower loss for the second quarter, due mainly to higher revenues.
The San Francisco, California-based company's second-quarter net loss was $5.50 million or $0.15 per share, compared to $9.47 million or $0.27 per share last year. On average, 12 analysts polled by Thomson Reuters expected the company to earn $0.20 per share for the quarter. Analysts' estimates typically exclude special items.
Total collaboration revenues for the quarter grew to $42.91 million from $15.80 million in the prior-year quarter. Twelve analysts had a consensus revenue estimate of $46.96 million for the quarter.
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