Alimera reports net loss for fourth quarter, full year

Alimera Sciences reported a GAAP net loss of $14.8 million, or $0.47 per common share, for the fourth quarter of 2013, compared with a GAAP net loss of $5.3 million, or $0.17 per common share, for the fourth quarter of 2012, according to a press release. The loss was attributed to an increase in the fair value of Alimera’s derivative warrant liability, a non-cash unrealized foreign currency gain and inventory issues. For the full year, GAAP net loss was $51.2 million, or $1.62 per common share, compared with $19.8 million, (Read more...)

Full Story →