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More on Arena Q2 results

Aug. 01, 2014 7:15 AM ETPfizer Inc. (PFE) StockBy: Douglas W. House, SA News Editor
  • Arena Pharmaceuticals (ARNA -2.9%) Q2 results: Total Revenues: $12.8M (-81.4%); Belviq: $3.5M (+165.4%); Eisai Collaboration: $8.6M (-87.1%); R&D Expense: $27.0M (+43.5%); SG&A Expense: $9.1M (+6.1%); Operating Expenses: $38.2M (+31.5%); Operating Loss: ($25.4M) (-163.6%); Net Income: $7.5M (-81.3%); EPS: $0.03 (-83.3%); Quick Assets: $219.1M (+22.5%).
  • Belviq prescriptions: 110,000.
  • No guidance update provided.
  • ARNA shares are up 4% premarket on light volume.

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