Vical (VICL) Tops Q1 EPS by 1c

Vical (NASDAQ: VICL) reported Q1 EPS of ($0.03), $0.01 better than the analyst estimate of ($0.04). Revenue for the quarter came in at $4.6 million versus the consensus estimate of $6.88 million.

Vical had cash and investments of $40.3 million at March 31, 2016. The Company’s net cash use for the first quarter of 2016 was $1.7 million, which was consistent with the Company’s guidance for the full year. The Company is projecting net cash burn for 2016 between $8 million and $11 million.

For earnings history and earnings-related data on Vical (VICL) click here.

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