Durect: Q1 Earnings Insights

By Benzinga Insights7 days ago

Shares of Durect (NASDAQ:DRRX) were flat in after-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share were unchanged 0.00% year over year to ($0.05), which missed the estimate of ($0.04).

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Revenue of $2,212,000 declined by 20.29% from the same period last year, which missed the estimate of $3,000,000.

Outlook

Durect hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

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