Whoa, long time no post on this puppy. Well I think today is a good day to post what is a whopper of the quarter for this stock.
biz.yahoo.com
Now that's what I call a good earnings report. even with the big hunk payments, the product revenues are going very well. Don't know what their predictions are for the product sales, but this is very promising. Can't believe how much cash these guys have on hand.
375 million
This compares to revenues from product sales of $1,403,000, and other revenues of $803,000, for total revenues of $2,206,000 and net interest income of $3,740,000 for the same quarter in 1996.
The net income for the three months ended June 30, 1997, was $2,711,000 or $0.09 per share,compared to a net loss of $12,158,000 or $0.43 per share for the same quarter in 1996.
The net loss for the six months ended June 30, 1997 was $5,237,000 or $0.18 per share, compared to a net loss of $22,960,000 or $0.85 per share for the six months ended June 30, 1996.
As of June 30, 1997, Gilead had cash, cash equivalents and short-term investments of $337,354,000, compared to $295,963,000 as of December 31, 1996.
This information should shake a few trees in the analyst jungle.
Let's get back to the high 30's
chris |
