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Oscient kept at market outperform by JMP
JMP Securities analyst Adam Cutler reiterated Oscient Pharmaceuticals Corp. at market outperform after the company reported a loss per share of $0.26, versus JMP's estimate of $0.24 and consensus of $0.22. Factive sales of $9.2 million beat the analyst's $8.3 million estimate, as did total revenue of $11.0 million, over JMP's $10.0 million estimate and consensus of $10.8 million. Shares of the Waltham, Mass., biopharmaceutical company were down 15 cents, or 9.26%, at $1.47 on volume of 1,434,207 shares versus the three-month running average of 437,889 shares. (Nasdaq: OSCI)
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