Neurogen Corporation
Neurogen Corporation announces $10.6 million net loss for the fourth quarter of 2005
Published in Mental Health Business Week, April 8th, 2006
This compares to a net loss of $2.9 million, or $0.09 per share on 34.1 million shares outstanding, during the fourth quarter of 2004. The company recognized a net loss for the 12 months ended December 31, 2005 of $37.1 million, or $1.08 per share on 34.3 million shares outstanding, as compared to a net loss of $18.6 million, or $0.63 per share on 29.7 million shares outstanding, for fiscal 2004. The higher net loss for the fourth quarter and for the year was due both to lower operating revenue and increased operating...
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