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Unilife Posts Wider Q4 Loss

Unilife Corporation (UNIS) reported a fourth-quarter net loss of $14.9 million or $0.21 per share, wider than the net loss of $10.5 million or $0.17 per share in the comparable quarter last year.

Excluding items, adjusted net loss for the quarter was $11.0 million or $0.15 per share, compared to the adjusted net loss of $6.3 million or $0.10 per share last year.

On average, 3 analysts polled by Thomson Reuters expected the company to lose $0.16 per share for the quarter. Analysts' estimates typically exclude special items.

Total revenues for the latest quarter rose to $1.2 million from $0.7 million in the year-ago period. Analysts expected revenues of $2.56 million for the quarter.

by RTTNews Staff Writer

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