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Sammy King  |  by www.tradingmarkets.com. All rights reserved. 13.11 | 23:23

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(RTTNews) - Memory Pharmaceuticals Corp. ( | | | ) posted a third quarter net loss of $9.8 million or $0.

26 per share, compared to a net loss of $11.2 million or $0.42 per share in the comparable period last year.

Excluding ceratin non-cash items, the company's third quarter non-GAAP net loss was $9.5 million or $0.25 per share, compared to $7.

29 million or $0.28 per share in the year ago quarter. The company's third quarter revenues declined to $2.

0 million from $2.5 million in the same period last year. On average, 3 analysts polled by First Call/Thomson Financial expected the company to post a loss of $0.

17 per share on revenues of $2.83 million.

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