Chimerix (NASDAQ: CMRX) reported Q3 EPS of ($0.47), $0.06 worse than the analyst estimate of ($0.41). Revenue for the quarter came in at $1.19 million versus the consensus estimate of $500 thousand.

M. Michelle Berrey, MD, MPH, President and CEO, said, "Our advances during the past several months have clearly been very significant for the company. We are enthusiastic about the progress that was made in brincidofovir's development including the demonstration of a potential survival benefit in the pilot portion of our Phase 3 study to treat life-threatening adenovirus infections, the extension of our brincidofovir development contract with BARDA for the treatment of smallpox, and the authorization by the FDA to begin our phase 2 study of brincidofovir for Ebola Virus Disease. We also recently announced the selection of a novel clinical candidate, CMX16669. We have continued to strengthen the company's leadership team and organizational depth with the addition of Garrett Nichols as CMO, Peter Payne as SVP for Business Development and Corporate Strategy, and Roberto Guzman as Head of Compliance, among others. We also successfully completed a follow-on offering on November 5, with gross proceeds of approximately $121.7 million, further strengthening our financial position to carry forward the increasingly robust clinical program as we look toward 2015."

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