Zogenix Sees Q4 Sales of $13.4M, Unit Volume Up 9% QoQ; Cited Effect from Hurricane Sandy

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.

Zogenix, Inc. (Nasdaq: ZGNX), apharmaceutical company commercializing and developing products for thetreatment of central nervous system disorders and pain, announced todaypreliminary unaudited gross product sales for the quarter ended December 31,2012. Zogenix expects to report fourth quarter 2012 gross product sales ofapproximately $13.5 million on 145,200 units shipped, with unit volume upapproximately 9% sequentially from third quarter 2012 and 26% from fourthquarter 2011.For the full year 2012, Zogenix announced preliminary unaudited net productrevenue of approximately $36 million, up approximately 18% over 2011 andslightly below previously issued guidance of $37 million for 2012.Preliminary unaudited cash and cash equivalents as of December 31, 2012 wereapproximately $41.2 million.

Crypto Whales Are Loading Up — Are You?

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!