Repros Therapeutics Reports Fourth Quarter And Year End 2016 Financial Results

THE WOODLANDS, Texas, March 31, 2017 (GLOBE NEWSWIRE) -- Repros Therapeutics Inc.® (Nasdaq:RPRX) today announced financial results for the fourth quarter and year ended December 31, 2016.

Financial Results

Net loss for the three month period ended December 31, 2016, was ($4.0) million or ($0.16) per share as compared to a net loss of ($6.3) million or ($0.26) per share for the same period in 2015. The net loss for the year ended December 31, 2016, was ($17.3) million or ($0.70) per share as compared to a net loss of ($29.2) million or ($1.20) per share for 2015. The decrease in net loss for both periods was primarily due to decreased clinical development expenses related to the Company’s product candidates, as well as decreases in non-cash stock based compensation, payroll and legal expenses.

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