XenoPort, Inc. Reports Fourth Quarter and Year-End 2008 Financial Results

SANTA CLARA, Calif.--(BUSINESS WIRE)--XenoPort, Inc. (Nasdaq: XNPT) announced today its financial results for the fourth quarter and year ended December 31, 2008. Revenues for the quarter were $10.6 million, compared to $25.8 million for the same period in 2007. Net loss for the fourth quarter was $18.7 million, compared to net income of $2.5 million for the same period in 2007. At December 31, 2008, XenoPort had cash and cash equivalents and short-term investments of $152.8 million.
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