Infinity: Q4 Earnings Snapshot
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CAMBRIDGE, Mass. (AP) Infinity Pharmaceuticals Inc. (INFI) on Tuesday reported a loss of $10.6 million in its fourth quarter.
The Cambridge, Massachusetts-based company said it had a loss of 17 cents per share.
The results fell short of Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 16 cents per share.
The drugmaker posted revenue of $436,000 in the period, which met Street forecasts.
For the year, the company reported that its loss narrowed to $40.5 million, or 68 cents per share. Revenue was reported as $1.7 million.
In the final minutes of trading on Tuesday, the company s shares hit $3.10. A year ago, they were trading at 69 cents.
FutureFuel: Q4 Earnings Snapshot
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CLAYTON, Mo. (AP) FutureFuel Corp. (FF) on Tuesday reported fourth-quarter earnings of $5.5 million.
On a per-share basis, the Clayton, Missouri-based company said it had net income of 13 cents. Earnings, adjusted for non-recurring gains, came to 12 cents per share.
The biofuel and specialty chemical maker posted revenue of $49.9 million in the period.
For the year, the company reported profit of $46.6 million, or $1.06 per share. Revenue was reported as $204.5 million.
FutureFuel shares have risen 19% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $15.06, a climb of 46% in the last 12 months.