Company News Summary
Unilife Corporation Announces Financial Results for Fiscal Year 2013 Second Quarter
Original announcement: Disclosure Document - Financial Results Second Qtr
Unilife Corporation announced its financial results for the quarter ended 31 December 2012, the second quarter of Fiscal Year 2013. Revenues for the quarter were $0.7m compared to $0.9m for the same period in 2011. The company's net loss for the quarter was $14.6m, or $0.19 per share, compared to a net loss of $12.9m, or $0.19 per share, for the same period in 2011. The increase in the net loss was primarily attributable to the decrease in revenue and an increase in non-cash share-based compensation expenses. Adjusted net loss for the quarter was $9.7m, or $0.12 per share, compared to $9.6m, or $0.14 per share, for the same period in 2011. Adjusted net loss excludes non-cash share-based compensation expense, depreciation and amortisation and interest expense.
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