Aradigm Corporation Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2017
Aradigm Corporation reported unaudited consolidated earnings results for the first quarter ended March 31, 2017. For the quarter, the company reported revenues of $1,693,000 compared to $6,000 a year ago. Loss from operations was $2,759,000 compared to $8,090,000 a year ago. Net loss and comprehensive loss was $3,678,000 compared to $8,086,000 a year ago. Basic and diluted net loss per common share was $0.25 compared to $0.55 a year ago.