Rigel Pharmaceuticals Inc. Q4 Profit Advances

Rigel Pharmaceuticals Inc. (RIGL) released earnings for its fourth quarter that increased from the same period last year

The company's bottom line came in at $14.34 million, or $0.80 per share. This compares with $0.74 million, or $0.04 per share, last year.

The company's revenue for the period rose 60.9% to $57.60 million from $35.79 million last year.

Rigel Pharmaceuticals Inc. earnings at a glance (GAAP) :

-Earnings: $14.34 Mln. vs. $0.74 Mln. last year.
-EPS: $0.80 vs. $0.04 last year.
-Revenue: $57.60 Mln vs. $35.79 Mln last year.

by RTTNews Staff Writer

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