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Published on 8/4/2006 in the Prospect News Biotech Daily.

ISTA kept at sector perform by RBC

RBC Capital Markets analyst Douglas Miehm maintained ISTA Pharmaceuticals, Inc. at sector perform, speculative risk, after the company reported a second-quarter loss per share of $0.35, compared to a loss per share of $0.40 in the prior-year period. The analyst's estimate was a loss per share of $0.34. Total revenues of $7.5 million were in line with RBC's and the consensus estimate of $7.4 million. Shares of the Irvine, Calif.-based pharmaceutical company were down 4 cents, or 0.67%, at $5.94, on volume of 28,596 shares versus the three-month running average of 100,083 shares. (Nasdaq: ISTA)


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