Cerecor (CERC) Reports Q4 Loss of $0.53/Share
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Cerecor (NASDAQ: CERC) reported Q4 EPS of ($0.53), versus ($3.88) reported last year.
At December 31, 2015, Cerecor’s cash and cash equivalents totaled $21.2 million, compared to $11.7 million at December 31, 2014. This increase was primarily due to the net proceeds received from the initial public offering, which closed in October 2015, of $23.6 million, offset by cash used to fund the initiation of our research and development activities as well as our on-going operations.
For earnings history and earnings-related data on Cerecor (CERC) click here.
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