DepoMed Inc. (DEPO) reported fourth quarter EPS of $0.72 after the bell Wednesday, compared to the loss of $0.07 in the previous year. Analysts expected a loss of $0.20. Full year 2014 non-GAAP EPS is expected to be between break-even and $0.16. The consensus estimate is for a loss of $0.08. The stock is now up 1 point on 3K shares.
DepoMed gapped open higher Wednesday, but traded in a range for the majority of the session. The stock closed up by 0.49 at $13.50.
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