Velan Inc. Reports its Second Quarter 2011/12 Financial Results
Wednesday, October 12, 2011
Velan Inc. announced today its financial results for its
second quarter ended August 31, 2011.
Net loss amounted to $2.1 million or $0.10 per share
compared to a net loss of $2.5 million or $0.11 per share last year. Excluding
the results of first quarter acquisition, Velan ABV, the
related effects of purchase price accounting and currency impacts, the company
would have reported a net loss of $0.5 million or $0.02 per share in the
current quarter compared to a net loss of $2.6 million or $0.12 per share last
year. More...
|
|
Email to a Friend