GenVec, Inc. New (GNVC) Posts Q1 Loss of 7c/Share

GenVec, Inc. New (NASDAQ: GNVC) reported Q1 EPS of ($0.07), $0.11 worse than the analyst estimate of $0.04. Revenue for the quarter came in at $2.1 million versus the consensus estimate of $2 million.

For 2014, GenVec expects cash burn between $5.0 million and $7.0 million. The company believes that existing resources, combined with anticipated near-term milestones, are sufficient to fund the company's operations into the foreseeable future.

For earnings history and earnings-related data on GenVec, Inc. New (GNVC) click here.

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