Encorium

CenterWatch Commentary: More Bad News for Encorium

Friday, September 26, 2008 01:25 PM

If this week’s news is any indication, Encorium’s summer of ups and downs will continue into fall.

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Encorium Names New CEO as Stock Plummets

Monday, September 15, 2008 11:10 AM

Wayne, Pa.-based contract research organization (CRO) Encorium named a new president and CEO Sept. 10, just in time for a heated call with investors after Encorium’s shares were cut in half in less than two days.

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Encorium Releases Q2 Financials, Optimistic About Q3

Friday, August 15, 2008 02:00 PM

Contract research organization (CRO) Encorium released its Q2 earnings report after the bell Thursday, reflecting an increase in net revenue for Q2 2008 over Q2 2007 but a decrease in net revenue for the six months ended June 30, 2008 compared with the same period in 2007. Net revenues for the first six months of 2008 dropped to $15.7 million from $16.1 million for the same period in 2007. The company also reported a net loss of $3.5 million, or $0.17 per share, for the first six months of 2008 compared with a net loss of $738,000, or $0.04 per share, for the first six months of 2007.

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