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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