Vivus Q2 Loss Widens - Quick Facts

(RTTNews) - Vivus Inc. (VVUS) Tuesday reported second-quarter net loss of $55.5 million or $0.55 per share, wider than $24.0 million or $0.24 per share in the comparable quarter last year. On average, twelve analysts polled by Thomson Reuters expected a loss of $0.44 per share for the quarter. Analysts' estimates typically exclude special items.

Net product revenue from sales of Qsymia for the latest quarter was $5.53 million, while analysts expected revenues of $12.76 million for the latest quarter.

Meanwhile, selling, general and administrative costs for the quarter leaped to $42.7 million from $15.4 million in the same quarter last year.