Dendreon Corp. (DNDN) reported a first-quarter net loss of $72.0 million or $0.48 per share, compared to a net loss of $103.9 million or $0.70 per share last year. Adjusted net loss per share widened to $0.36 from $0.35 prior year.
Total revenue decreased to $67.6 million from $82.1 million last year.
On average, 17 analysts polled by Thomson Reuters expected the company to report a loss of $0.48 per share for the quarter. Analysts' estimates typically exclude special items. Analysts expected revenue of $80.15 million for the quarter.
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