XOMA Reports First Quarter 2015 Achievements and Financial Results

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XOMA (XOMA) Misses Q1 EPS by 3c

May 7, 2015 4:12 PM EDT

XOMA (NASDAQ: XOMA) reported Q1 EPS of ($0.19), $0.03 worse than the analyst estimate of ($0.16). Revenue for the quarter came in at $2.65 million versus the consensus estimate of $4.31 million.

2015 Guidance

The Company expects to spend approximately $60 million to $65 million in cash for ongoing operating activities during 2015.... More