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Arrowhead Research reports $428 million loss for fiscal fourth quarter

Associated Press +1 · ·by G4L

ARWR
ARWR Arrowhead Pharmaceuticals Inc
$47.77 +1.31%
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  1. 1Arrowhead Research Corp. recorded a fiscal fourth quarter loss of $428 million.
  2. 2Arrowhead Research Corp. reported a loss of $3.04 per share for the fiscal fourth quarter.
  3. 3Arrowhead Research Corp. recorded revenue of $37.8 million for the period.

So what's the key point?

Arrowhead Research Corp. lost $428 million during the recent fourth quarter. This means the company spent much more money than it earned.

Source Associated Press +1 · View original ↗

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