HAYWARD, Calif.--(BUSINESS WIRE)--Aradigm Corporation (OTCBB:ARDM) (the “Company”) today announced financial results for the second quarter and six months ended June 30, 2007.
The Company reported revenues for the three months ended June 30, 2007 of $297,000, compared to $1.8 million for the same period in 2006. Total operating expenses for the second quarter were $6.5 million compared to $14.4 million for the same period in 2006. The net loss for the second quarter of 2007 was $5.5 million, or $0.10 per share, compared with a net loss of $12.4 million, or $0.85 per share, for the same period in 2006.
