La Jolla Pharmaceutical (LJPC) Tops Q1 EPS by 9c
Get Alerts LJPC Hot Sheet
Join SI Premium – FREE
La Jolla Pharmaceutical (NASDAQ: LJPC) reported Q1 EPS of ($0.90), $0.09 better than the analyst estimate of ($0.99).
As of June 30, 2016, La Jolla had $100.6 million in cash and cash equivalents, compared to $126.5 million as of December 31, 2015. The decrease in cash and cash equivalents was primarily due to net cash used for operating activities. Based on current operating plans and projections, La Jolla believes that its current cash and cash equivalents are sufficient to fund operations into 2018.
For earnings history and earnings-related data on La Jolla Pharmaceutical (LJPC) click here.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Alphabet stock surges 11% to record high on Q1 earnings beat, first-ever dividend
- Autoliv (ALV) Tops Q1 EPS by 14c
- Carter's (CRI) Tops Q1 EPS by 29c
Create E-mail Alert Related Categories
EarningsRelated Entities
EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!