|
|
Article: Maxygen Reports Third Quarter 2006 Financial Results.
- Article from:
- PR Newswire
- Article date:
- October 30, 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)
|
REDWOOD CITY, Calif., Oct. 30 /PRNewswire-FirstCall/ -- Maxygen, Inc. today reported financial results for the third quarter ended September 30, 2006 and provided an update on the company's business. Maxygen reported a loss applicable to common stockholders of $10.7 million, or $0.30 per share, for the third quarter of 2006 compared to a loss applicable to common stockholders of $10.6 million, or $0.30 per share, in the third quarter of 2005. Excluding the impact of SFAS 123(R), the Company reported a non-GAAP loss from continuing operations of approximately $8.9 million, or $0.25 per diluted share, in the third quarter of 2006.
Revenues in the third quarter ...