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Law & Health Weekly

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Allos Therapeutics, Inc.



Allos Therapeutics Reports 2008 Second Quarter Results



August 23rd, 2008

Allos Therapeutics, Inc. (NASDAQ: ALTH) reported results for the second quarter of 2008. For the three months ended June 30, 2008, the Company reported a net loss of $11.8 million, or ($0.16) per share. This compares to a net loss of $10.4 million, or ($0.16) per share, for the second quarter of 2007. For the six months ended June 30, 2008, the Company reported a net loss of $23.8 million, or ($0.34) per share, compared to a net loss of $18.8 million, or ($0.29) per share for the same period last year. For the six months ended June 30, 2008, net cash used in operating activities was $19.5 million. Cash, cash equivalents and investments in marketable securities as of June 30, 2008 were...


Source: Law & Health Weekly (2008-08-23)

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