Innocoll AG (INNL) Tops Q2 EPS by 11c

August 17, 2016 8:08 AM EDT
Get Alerts INNL Hot Sheet
Trade INNL Now!
Join SI Premium – FREE

Get inside Wall Street with StreetInsider Premium. Claim your 2-week free trial here.

Innocoll AG (NASDAQ: INNL) reported Q2 EPS of ($0.62), $0.11 better than the analyst estimate of ($0.73). Revenue for the quarter came in at $1.3 million versus the consensus estimate of $1.04 million.

As of June 30, 2016, cash and cash equivalents totaled $53.8 million compared to $22.7 million as of March 31, 2016. The cash and cash equivalents position includes the $37.4 million net proceeds from the public equity follow-on and $11.2 million from the drawdown of the second tranche of the European Investment Bank loan.

For earnings history and earnings-related data on Innocoll AG (INNL) click here.



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In






Related Categories

Earnings

Related Entities

Earnings

Add Your Comment