Navidea Reports Second Quarter 2015 Financial Results; Reiterates 2015 Lymphoseek® Revenue Guidance

Go back to Navidea Reports Second Quarter 2015 Financial Results; Reiterates 2015 Lymphoseek® Revenue Guidance

Navidea Biopharma (NAVB) Misses Q2 EPS by 2c

July 30, 2015 7:36 AM EDT

Navidea Biopharma (NYSE: NAVB) reported Q2 EPS of ($0.06), $0.02 worse than the analyst estimate of ($0.04). Revenue for the quarter came in at $2.9 million versus the consensus estimate of $2.18 million.

Specific events and milestones achieved since the beginning of the second quarter include the following:

Commercial

Achieved sequential quarter-on-quarter Lymphoseek revenue growth and continued improvement in key performance indicators;Fully deployed a Lymphoseek-dedicated field force mid-second quarter;Exercised pricing... More