GeneNews Sees Q4 Loss of $1.2M | GenomeWeb

By a GenomeWeb staff reporter

NEW YORK (GenomeWeb News) – Canadian molecular diagnostics firm GeneNews today said that its fourth-quarter net loss rose to C$1.2 million (US$1.2 million) from a net loss of C$1.0 million.

On a per-share basis, though, net loss for the three months ended Dec. 31, 2011 receded to C$.01, compared to C$.02 a year ago.

The Toronto-based firm did not release revenue, R&D spending, or SG&A figures and documents were not yet available on SEDAR's website.

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