pSivida posts $5.1 million quarterly loss

pSivida reported $590,000 in revenue for the third fiscal quarter of the year, compared to $324,000 in the same quarter last year, according to a company press release.Quarterly net loss for the quarter was $5.1 million, or $0.15 per share, compared to a net loss of $5 million, or $0.15 per share last year. In the second quarter of the fiscal year, quarterly net loss was $67,000, or break-even per share.

Full Story →