Zafgen Reports First Quarter 2015 Financial Results
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Go back to Zafgen Reports First Quarter 2015 Financial Results
May 13, 2015 10:44 AM EDT
Canaccord Genuity maintain a Buy rating on Zafgen (NASDAQ: ZFGN), and lowered the price target to $53.00 (from $58.00), following Q1 results. Zafgen reported Q1 EPS of ($0.53), beating Canaccord's estimate of ($0.62) by $0.09. During the last earnings call, it was announced that data from the Ph3 Prader-Willi Syndrom (PWS) trial would be delayed until 2Q16.... More
May 12, 2015 4:10 PM EDT
Zafgen (NASDAQ: ZFGN) reported Q1 EPS of ($0.53), $0.05 better than the analyst estimate of ($0.58).
The company ended the quarter with cash and cash equivalents and marketable securities totaling $234.2 million.
"We are very pleased with our accomplishments for the first quarter of 2015. We are thrilled to have seen a high rate of enrollment at our most recently-opened bestPWS clinical trial sites, which will enable us to release six month data... More
