InSite Vision Reports Full Year and Fourth Quarter 2011 Financial Results
Published: Feb 29, 2012
ALAMEDA, Calif.--(BUSINESS WIRE)--InSite Vision Incorporated (OTCBB: INSV) today reported operating and financial results for the full year and quarter ended December 31, 2011. Revenues for the year ended December 31, 2011 were $15.9 million compared to $11.9 million for the same period in 2010. Revenues for the fourth quarter of 2011 were $3.1 million compared to $3.9 million for the same period in 2010. As of December 31, 2011, cash, cash equivalents and short-term investments totaled $26.4 million.