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Article: Exact Sciences Reports Third-Quarter 2009 Financial Results.(Financial report)
- Article from:
- Investment Weekly News
- Article date:
- November 21, 2009
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Exact Sciences Corp. (Nasdaq: EXAS) announced its financial results for the third quarter ended Sept. 30, 2009.
Exact reported total revenues of $1.3 million for the third quarter of 2009, compared to total revenues of ($663,000) during the same period of 2008. Total revenues increased due to the quarterly non-cash allocation that resulted from the company's January 2009 intellectual property transaction. Total revenues for the first nine months of 2009 were $3.5 million, compared to total revenues of ($758,000) for the same period of 2008.
Exact reported a net loss of ($1.0) million, or ($0.03) a share, for the third quarter of 2009. The company had a ...