March 3, 2015 5:29 PM | 1 min read |
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.
(NASDAQ: RCPT) reported a wider loss for the fourth quarter on Tuesday.The San Diego, California-based company posted a quarterly loss of $38.2 million, or $1.32 per share, versus a year-ago loss of $15.2 million, or $0.86 per share. The latest quarter net loss included $3.4 million in stock-based compensation expense, versus $1.3 million in the year-ago quarter. Analysts were expecting the company to post a loss of $1.19 per share.Its total revenue came in at $0 in the quarter, versus $773,000 in the year-ago period. Total revenue for 2014 climbed to $5.9 million, from $4.6 million in 2013.Total operating expenses rose to $37.2 million from $15.9 million.Research and development expenses increased to $32.0 million from $12.6 million in the year-ago quarter, while general and administrative expenses rose to $5.2 million from $3.2 million.As of December 31, 2014, the company had $671.9 million in cash, cash equivalents and short term investments.Receptos shares fell 2.07% to $122.40 in after-hours trading.
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.
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