DURECT Corporation Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 04, 2022 at 04:05 pm EDT
DURECT Corporation reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported revenue was USD 2.08 million compared to USD 2.3 million a year ago. Net loss was USD 11.55 million compared to USD 9.15 million a year ago. Basic loss per share from continuing operations was USD 0.5 compared to USD 0.4 a year ago. Diluted loss per share from continuing operations was USD 0.5 compared to USD 0.4 a year ago.
For the six months, revenue was USD 3.99 million compared to USD 4.52 million a year ago. Net loss was USD 22.39 million compared to USD 19.28 million a year ago. Basic loss per share from continuing operations was USD 1 compared to USD 0.9 a year ago. Diluted loss per share from continuing operations was USD 1 compared to USD 0.9 a year ago.