Pharmasset Inc. (VRUS) reported that its first-quarter net loss narrowed to $13.869 million or $0.49 per share from $18.275 million or $0.78 per share last year.
Comprehensive net loss narrowed to $13.869 million from $18.274 million last year.
On average, 8 analysts polled by Thomson Reuters expected the company to report a loss of $0.43 per share for the quarter. Analysts' estimates typically exclude special items.
Revenues decreased to $269 thousand from $464 thousand prior year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.