Exiqon Q4 Revenues Rise 8 Percent, Sees a Profit | GenomeWeb

By a GenomeWeb staff reporter

NEW YORK (GenomeWeb News) – Danish miRNA firm Exiqon today reported an 8 percent jump in fourth-quarter revenue, reaching profitability.

For the three months ended Dec. 31, 2011, revenues came in at DKK 30.1 million ($5.4 million), up from DKK27.8 million a year ago.

Total operating expenses was reduced to DKK10.6 million from DDD12.4 million, and during the quarter Exiqon made a profit of DKK825 million, or DKK.02 per share, compared to a net loss of DKK8.9million a year ago.

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