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Adolor Corporation
Adolor Corporation Reports Second Quarter 2008 Financial Results
August 22nd, 2008
Adolor Corporation (Nasdaq:ADLR) reported financial results for the three and six months ended June 30, 2008. For the three-month period ended June 30, 2008, the company reported net income of $7.5 million, or $0.16 per basic and diluted share, compared to a net loss of $11.6 million, or $0.25 per basic and diluted share, for the same period in 2007. For the six-month period ended June 30, 2008, the company reported a net loss of $1.6 million, or $0.03 per basic and diluted share, compared to a net loss of $24.8 million, or $0.54 per basic and diluted share, for the same period in 2007. Results for 2008 were favorably impacted by the receipt of a $20.0 million milestone...
Source: Health Business Week (2008-08-22)
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