logo
Quick Facts
  

Arena Pharmaceuticals Q4 Loss Widens

By RTTNews Staff Writer   ✉   | Published: | Follow Us On Google News

Arena Pharmaceuticals, Inc. (ARNA) Monday reported fourth-quarter net loss of $32.1 million or $0.15 per share, wider than last year's loss of $23.5 million or $0.11 per share.

Revenues for the quarter rose to $9.2 million from $6.5 million last year.

Analysts polled by Thomson Reuters expected the company to report a loss of $0.12 per share on revenues of $10.36 million for the quarter. Analysts' estimates typically exclude special items.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
P&G Boosts FY24 EPS And Core EPS Growth Outlook - Update
While reporting financial results for the third quarter on Friday, consumer goods giant Procter & Gamble Co. (PG) raised its earnings per share and core net earnings per share growth guidance for the full-year 2024, while maintaining its annual all-in sales growth outlook. For fiscal 2024, the company...
Paramount Stock Up In Pre-market On Reports Of Sony-Apollo Joint Bid Talks
Sony Pictures Entertainment, affiliated to Japanese conglomerate Sony Group Corp., is in discussions with US private equity group Apollo Global for making a joint takeover bid for entertainment giant Paramount Global, reports said citing people familiar with the matter. The talks are said to be in an early stage. Following the news, Paramount Global shares were gaining around 10.7 percent...
Sammy's Milk Warns Against Use Of Goat Milk Toddler Formula As Infant Formula
Newport Beach, California - based Sammy's Milk has warned parents against the use of its Goat Milk Toddler Formula as an infant formula, as asked by the U.S. Food and Drug Administration or FDA. The company notes that the product is specifically formulated for children between the ages of 12 and 36 months, and not for infants under 12 months of age.
Global Economics Weekly Update - April 08 - 12, 2024

Inflation data from the U.S. garnered maximum attention this week on the economics front, along with the interest rate decision by the European Central Bank. Read our stories to find out how these two key events are set to influence monetary policy in the months ahead. Other main news from the U.S. were the release of the minutes of the latest Fed policy session and the jobless claims data. Elsewhere, the interest rate decision by the Bank of Canada was also in focus.

View More Videos
Latest Updates on COVID-19
Read More
COVID-19: Drugs in Development
Follow RTT
Copyright © 2024 RTTNews. All rights reserved. By using this site, you agree to the Terms of Service. About Us   |   Contact Us   |   Privacy   |   Sitemap