PHARSIGHT REVENUES INCREASE 52% FOR 3RD QUARTER.(Pharsight Corp., fiscal year 2001)(Brief Article)(Company Profile)(Statistical Data Included)

Biotech Financial Reports | March 1, 2001 | Copyright

Pharsight Corporation (Nasdaq:PHST), Mountain View, Calif., a leading provider of technologies and services that improve the drug development process, has announced results for the third quarter of fiscal 2001. For the quarter ending December 31, 2000, revenue increased 52% to $3.5 million, up from $2.3 million for the quarter ended December 31, 1999.

The company reported a net loss for the quarter of $4.8 million, or ($0.27) per share, compared to a net loss of $2.5 million, or ($0.76) per share (excluding accretion on preferred stock), for the same period in ...

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