Durect reported Q4 earnings on March 27, 2024, with a loss of $1.4 million and 10 cents per share, beating Wall Street expectations.

Durect (NASDAQ:DRRX) reported Q4 earnings on March 27, 2024, with a loss of $1.4 million and 10 cents per share, exceeding Wall Street expectations of a 36 cent per share loss. Revenue was $2.7 million, matching analyst estimates. The company's earnings beat the estimated earnings by 70.0%, reporting an EPS of -$0.1 versus an estimate of -$0.33. Revenue was down $646 thousand from the same period last year.

March 27, 2024
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