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Earnings Update: Durect Releases its Quarterly Earnings on August 03, 2010 (DRRX)

Written on Sun, 07/25/2010 - 5:37pm
By Chip Brian

Analysts, on average, expect Durect (NASDAQ:DRRX) to report a loss of $0.08 on sales of $7 million on August 03, 2010.
For the full year, analysts expect the company to post a loss of $0.32. In the year-ago period, the company reported a loss of $0.09 on sales of $5 million.
In the previous quarter, the company reported a loss of $0.08, topping consensus estimates for a loss of $0.09.
SmarTrend is bearish on shares of Durect and our subscribers were alerted to Sell on May 07, 2010 at $2.56. The stock has fallen 5.1% since the alert was issued.

Keywords: durect earnings preview

Ticker(s): DRRX

Contact Chip Brian



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