Breaking News
FONT-SIZE Plus   Neg
Share SHARE

Dendreon Swings To Profit In Q4 - Quick Facts

Dendreon Corp. (DNDN: Quote) reported fourth-quarter profit of $38.1 million or $0.26 per share versus loss of $91.83 million or $0.64 per share a year earlier.

Non-GAAP net income per share-basic was $0.45 versus loss per share-basic of $0.50 last year.

On average, 21 analysts polled by Thomson Reuters expected the company to report loss of $0.23 per share. Analysts' estimates typically exclude special items.

Total revenue surged to $202.15 million from $25 million a year ago. Analysts estimated revenues of $120.80 million.

Product revenue for the quarter was $77 million compared to $25 million in the prior-year quarter.

Click here to receive FREE breaking news email alerts for Dendreon Corp. and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
A number of major retailers will be open on Thanksgiving for early Black Friday shopping events. Kohl's department stores will kick off Black Friday sales two hours earlier this year, at 6 p.m. Thanksgiving Day, while Macy's, Bon-Ton and Best Buy will open at the same time. J.C. Penney and Sears... Twitter Inc. has replaced its head of product Daniel Graf just six months after luring him over from Google, according to multiple reports. Graf, previously known for his work leading Google Maps, will retain his vice president of product title and work on Twitter's geolocation features, the Wall... LinkedIn Corp., the world's largest online professional network, said Thursday after the markets closed that its third quarter loss widened slightly from last year, as higher costs and expenses more than offset a 45% increase in revenue. However, the company's quarterly earnings per share, excluding items, came in above analysts' expectations as did its quarterly revenue.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.