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Rigel Pharmaceuticals Inc. Bottom Line Rises In Q1


Rigel Pharmaceuticals Inc. Bottom Line Rises In Q1
WASHINGTON (dpa-AFX) - Rigel Pharmaceuticals Inc. (RIGL) revealed a profit for its first quarter that rose from the same period last year.
The company s earnings totaled $39.50 million, or $0.22 per share. This compares with $21.24 million, or $0.13 per share, in last year s first quarter.
Analysts had expected the company to earn $0.00 per share, according to figures compiled by Thomson Reuters. Analysts estimates typically exclude special items.
The company s revenue for the quarter rose 45.3% to $81.02 million from $55.76 million last year.
Rigel Pharmaceuticals Inc. earnings at a glance:
-Earnings (Q1): $39.50 Mln. vs. $21.24 Mln. last year.
-EPS (Q1): $0.22 vs. $0.13 last year. ....

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