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Trimeris, Inc. (TRMS) Reports Financial Results for the Third Quarter 2010


11/15/2010 12:19:57 PM

DURHAM, N.C.--(BUSINESS WIRE)--Trimeris, Inc., (Nasdaq: TRMS) or the “Company,” today announced financial results for the quarter ended September 30, 2010, reporting net income of $16.5 million, or $0.74 per share compared with $1.6 million, or $0.07 per share for the quarter ended September 30, 2009. Comparisons of net income between the quarters ended September 30, 2010 and September 30, 2009 are affected by several items detailed in the section below entitled “Adjusted (Non-GAAP) Financial Information.” Excluding these items, the Company would have reported adjusted net income of $2.1 million or $0.10 per share in the third quarter of 2010.

Read at BioSpace.com


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