Celsion (CLSN) Reports Smaller Q2 Loss

Celsion (NASDAQ: CLSN) reported Q2 EPS of ($0.87), $0.25 better than the analyst estimate of ($1.12). Revenue for the quarter came in at $125 thousand versus the consensus estimate of $108.33 thousand.

The Company ended the second quarter of 2022 with $48.1 million in cash, investments, restricted cash, and accrued interest receivable. Coupled with future planned sales of the Company’s State of New Jersey net operating losses, the Company believes it has sufficient capital resources to fund its operations into 2025.

For earnings history and earnings-related data on Celsion (CLSN) click here.

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