Please ensure Javascript is enabled for purposes of website accessibility

Tag Archives: first quarter

Rockville-based EntreMed cuts loss in first quarter (access required)

EntreMed Inc., of Rockville, a clinical-stage pharmaceutical company developing drugs for the treatment of cancer, reduced its net loss in the 2013 first-quarter, reporting a loss of $1.1 million, or 5 cents per diluted share versus a net loss of $2.5 million, or 23 cents per diluted share, for the same period last year.

Read More »

Facebook’s stock tumbles after 1st public quarter

NEW YORK — Facebook’s first earnings report as a public company had solid numbers, but in the end it landed with a thud — much like its rocky initial public offering two months ago. Facebook reported stronger-than-expected revenue and a ...

Read More »

1st Mariner Bancorp posts first quarterly profit in 5 years (access required)

Troubled 1st Mariner Bancorp said Wednesday that it made $1.8 million, or 10 cents per share, in the first quarter of 2012, the first time the Baltimore-based institution showed a quarterly profit in five years. In the first quarter of ...

Read More »

Maryland mergers and acquisitions surge in 1Q

Bucking a national trend, Maryland mergers and acquisitions rose almost 25 percent in the first quarter of 2012 compared with the last quarter of 2011, with the increase largely driven by the biotechnology, pharmaceutical and medical sector. According to data ...

Read More »

Ciena stock dives after disappointing 2Q results

Shares of network equipment maker Ciena Corp. fell sharply Wednesday after it reported a larger loss and lower revenue than Wall Street expected, coupled with a disappointing forecast for the current quarter. The shares fell $3.92, or nearly 16.2 percent, ...

Read More »