13.03.2014 04:49:56

Senomyx Q4 Net Loss Widens - Quick Facts

(RTTNews) - Senomyx, Inc. (SNMX) reported a net loss for the fourth quarter of $3.09 million or $0.08 per share, compared to a net loss of $2.2 million or $0.06 per share in the year-ago quarter.

Total revenues were $7.4 million, versus $8.2 million in the same period last year. Development revenues were $6.6 million, versus $6.7 million in the fourth quarter of 2012. Commercial revenues declined to $837,000 from the year-ago period's $1.5 million.

For the full year 2014, Senomyx expects total revenues of $32 million to $35 million, of which approximately $10 million are commercial revenues. The company expecta a net loss of $10 million to $12 million or $0.23 to $0.28 per share.

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