BERKELEY HEIGHTS, N.J., March 28, 2012 (GLOBE NEWSWIRE) -- Genta Incorporated (OTCBB:GNTA) today reported results for the quarter and year ended December 31, 2011. For the fourth quarter of 2011, the Company reported a net loss of $(32.1) million, or $(0.04) net loss per basic and diluted share, compared with a net loss of $(33.9) million, or $(14.46) net loss per basic and diluted share, for the fourth quarter of 2010. For the year ended December 31, 2011, the Company reported a net loss of $(69.4) million, or $(0.20) net loss per basic and diluted share, compared with a net loss of $(167.3) million, or $(246.04) net loss per basic and diluted share, for the year ended December 31, 2010. As of March 28, 2012, the Company has approximately 2.1 billion outstanding shares of common stock.
