During Q3, AcelRx Pharmaceuticals's (NASDAQ:ACRX) reported sales totaled $1.37 million. Despite a 32.24% in earnings, the company posted a loss of $9.04 million. AcelRx Pharmaceuticals collected $2.92 million in revenue during Q2, but reported earnings showed a $6.83 million loss.
Why ROCE Is Significant
Return on Capital Employed is a measure of yearly pre-tax profit relative to capital employed by a business. Changes in earnings and sales indicate shifts in a company's ROCE. A higher ROCE is generally ...
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