Theravance posts slightly narrower 4Q net loss than Street expected

Date : 02/14/2008 @ 5:21PM
Source : TFN
Stock : Theravance Inc (THRX)
Quote : 10.81  2.04 (23.26%) @ 4:52PM
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Theravance posts slightly narrower 4Q net loss than Street expected

        SAN FRANCISCO (Thomson Financial) - Theravance Inc. late Thursday reported a
net loss of $33.1 million, or 54 cents a share, versus the mean 55-cent loss
estimate of analysts polled by Thomson Financial.
    The net loss a year earlier was $37.8 million, or 63 cents a share.    
    The South San Francisco, Calif.-based biopharmaceutical company said revenue
rose to $5.63 million from $4.93 million a year earlier, versus the mean analyst
estimate of $8.65 million.
    The stock fell 61 cents to close at $17.49.
Brigid Gaffikin
bg/gm

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