XenoPort, Inc. Reports First Quarter Financial Results

SANTA CLARA, Calif.--(BUSINESS WIRE)--XenoPort, Inc. (Nasdaq:XNPT) announced today its financial results for the first quarter ended March 31, 2008. Revenues for the quarter were $15.0 million, compared to $16.5 million for the same period in 2007. Net loss for the first quarter was $7.3 million, compared to a net loss of $3.3 million for the same period in 2007. At March 31, 2008, XenoPort had cash and cash equivalents and short-term investments of $144.6 million.
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