Zacks.com submits:
Medivation Inc. (MDVN) reported dismal results in the fourth quarter of 2009 with net loss coming in at 78 cents per share, wider than the Zacks Consensus Estimate of a net loss of 57 cents and the year-ago net loss of 26 cents.
Despite full year revenues increasing to $69.3 million, net loss increased due to higher operating expenses. Net loss for 2009 came in at $1.71, wider than the Zacks Consensus Estimate of a net loss of $1.42. 