Dendreon Q4 Looking Good
By: Leon Castles
on Wednesday, January 09, 2013
Seattle based Dendreon Corp has made an announcement that they believe that they will have better fourth quarter financial results that they will announce in few days time. The company said that although the market conditions were not that great and they had to face lot of economic challenges but they still have optimistic approach about how the company has managed to grow in the past few months. The company said that they believe that they will have revenue of $85.5 million on pro-forma basis. The company also said that according to Thomas Reuters they would be performing at $80.71 million in the revenues.
Soon after the company made the announcement that shares of the company rose in the market because the shareholders believe that the company has lot of confidence in how they have performed in the market. John Johnson CEO of Dendreon said that the company has focused on the commercial efforts on growing our community accounts. The company has also performed well to have the highest quarter ever for community sales and they believe that this will be their strategy in the future. The company also said that they have further plans to grow in the city but that will only be announced after the fourth quarter results are made public.