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Article: Maxygen Reports First Quarter 2006 Financial Results.
- Article from:
- PR Newswire
- Article date:
- April 25, 2006
CopyrightCOPYRIGHT 2006 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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REDWOOD CITY, Calif., April 25 /PRNewswire-FirstCall/ -- Maxygen, Inc. today reported financial results for the first quarter ended March 31, 2006. Maxygen reported a loss applicable to common stockholders of $10.7 million, or $0.30 per share, for the quarter ended March 31, 2006, as compared to income applicable to common stockholders of $7.7 million, or $0.22 per share, for the comparable period in 2005. For the quarter ended March 31, 2006, Maxygen reported a loss from continuing operations of $10.7 million, or $0.30 per share, compared to a loss from continuing operations of $8.7 million, or $0.25 per share, in 2005.
On January 1, 2006, Maxygen adopted FAS ...