Concert Pharma (CNCE) Tops Q2 EPS by 5c

Concert Pharma (NASDAQ: CNCE) reported Q2 EPS of ($0.57), $0.05 better than the analyst estimate of ($0.62). Revenue for the quarter came in at $2 thousand versus the consensus estimate of $10 thousand.

Cash, cash equivalents and investments as of June 30, 2018, totaled $180.3 million as compared to $203.2 million as of December 31, 2017. Concert expects its cash, cash equivalents and investments as of June 30, 2018 to be sufficient to fund the Company into 2021 under its current operating plan.

For earnings history and earnings-related data on Concert Pharma (CNCE) click here.

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