GTX, Inc. (GTXI) Tops Q2 EPS by 5c

GTX, Inc. (NASDAQ: GTXI) reported Q2 EPS of ($0.06), $0.05 better than the analyst estimate of ($0.11).

In a separate release issued this morning, the Company announced that it has entered into a definitive purchase agreement providing for the private placement of its securities. The aggregate purchase price of the private placement, subject to the satisfaction of customary closing conditions, is $43.4 million, which is expected to result in approximately $42.8 million of net proceeds. Additional details regarding the private placement will be included in a current report of the Company on Form 8-K, to be filed with the SEC.

For earnings history and earnings-related data on GTX, Inc. (GTXI) click here.

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