August 07, 2008
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OccuLogix posts $127,200 in net revenues for second quarter
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TORONTO OccuLogix reported $127,200 in net revenues from continuing operations for the second quarter compared with no revenues for the same period last year, the company announced in a press release.
Second-quarter net loss totaled $2.5 million, or $0.04 per share, compared with $3 million, or $0.05 per share, for the second quarter of 2007.
Cash and cash equivalents as of June 30 totaled $0.9 million, excluding any of the proceeds from a $3.4 million bridge loan the company announced last month, according to the release.