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ABGX (915298) die nun wieder Beachtung finden sollten, nach dieser Überraschung:
Tuesday April 24, 4:46 pm Eastern Time
Abgenix reports narrower-than-expected Q1 loss
FREMONT, Calif., April 24 (Reuters) - Antibody therapy developer Abgenix Inc. (NasdaqNM:ABGX - news) reported on Tuesday a narrower-than-expected first quarter loss on strong revenue growth.
Fremont, Calif.-based Abgenix reported a net loss of $7.6 million, or 9 cents a share, compared with a net loss $3.4 million, or 5 cents a share, for the year-earlier quarter.
Wall Street analysts had expected the company to post a loss of between 11 cents and 16 cents a share, or 13 cents on average, according to Thomson Financial/First Call.
Abgenix said its contract revenues rose to $4.2 million in the first quarter from $2.0 million in the same 2000 quarter, while total revenues, including interest income, rose to $14.5 million from $6.3 million.
Abgenix is using its XenoMouse technology, a mouse that has been engineered to generate human antibodies, to build a portfolio of antibody therapies for a variety of diseases through licensing arrangements with other companies and through its own research efforts.