Benzinga | Nov 2, 2020 04:11PM EST

Durect Q3 EPS $(0.05) Misses $(0.04) Estimate, Sales $2.70M Miss $3.56M Estimate

Durect (NASDAQ:DRRX) reported quarterly losses of $(0.05) per share which missed the analyst consensus estimate of $(0.04) by 25 percent. This is a 400 percent decrease over losses of $(0.01) per share from the same period last year. The company reported quarterly sales of $2.70 million which missed the analyst consensus estimate of $3.56 million by 24.16 percent. This is a 74.91 percent decrease over sales of $10.76 million the same period last year.