Eleven Biotherapeutics Reports First Quarter 2015 Financial Results

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Eleven Biotherapeutics (EBIO) Posts Smaller Q1 Loss

April 30, 2015 10:14 AM EDT

Before the open, Eleven Biotherapeutics (NASDAQ: EBIO) reported Q1 EPS of ($0.36), $0.11 better than the analyst estimate of ($0.47). Revenue for the quarter came in at $200 thousand versus the consensus estimate of $200 thousand.

Cash and cash equivalents were $45.5 million as of March 31, 2015. "We believe that our... More