Durect Corp (DRRX) Q3 2024 Earnings Call Highlights: Revenue Growth Amid Cost Reductions and ... [Yahoo! Finance]
DURECT Corporation (DRRX)
Last durect corporation earnings: 3/3 04:05 pm
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US:NASDAQ Investor Relations:
durect.com/investors
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Source: Yahoo! Finance
SG&A Expenses: $3.2 million in Q3 2024, down from $3.8 million in Q3 2023. Cash and Investments: $10.5 million as of September 30, 2024. Cash Utilization: $5.3 million in Q3 2024. Warning! GuruFocus has detected 7 Warning Signs with DRRX. Release Date: November 13, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript Durect Corp ( NASDAQ:DRRX ) reported an increase in total revenues to $1.9 million in Q3 2024, up from $1.7 million in 2023, primarily due to higher product sales. R&D expenses significantly decreased to $2.2 million in Q3 2024 from $7.2 million in the previous year, attributed to lower clinical trial-related and employee costs. SG&A expenses were reduced to $3.2 million in Q3 2024 from $3.8 million in the prior year, mainly due to lower employee, professional services, and legal expenses. Durect Corp ( NASDAQ:DRRX ) has sufficient cash and investments of $10.5 million to fund operations through the fi
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News
- DURECT Co. (NASDAQ: DRRX) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- DURECT Co. (NASDAQ: DRRX) had its "neutral" rating re-affirmed by analysts at HC Wainwright.MarketBeat
- DURECT Corporation Reports Third Quarter 2024 Financial Results and Provides Business UpdatePR Newswire
- DURECT Q3 2024 Earnings Preview Nov. 12, 2024 5:35 PM ET By: Khushi Singh , SA News Editor [Seeking Alpha]Seeking Alpha
- DURECT Co. (NASDAQ: DRRX) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
DRRX
Earnings
- 11/13/24 - Beat
DRRX
Sec Filings
- 11/19/24 - Form SC
- 11/14/24 - Form S-8
- 11/14/24 - Form 10-Q
- DRRX's page on the SEC website