Galena Biopharma Reports Second Quarter 2015 Financial Results

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Galena Biopharma (GALE) Misses Q2 EPS by 1c

August 6, 2015 4:55 PM EDT

Galena Biopharma (NASDAQ: GALE) reported Q2 EPS of ($0.10), $0.01 worse than the analyst estimate of ($0.09). Revenue for the quarter came in at $3.38 million versus the consensus estimate of $3.54 million.

"With our balance sheet strengthened, we made significant clinical progress in the second quarter as we reached a critical milestone with completion of enrollment in our Phase 3 PRESENT trial and had... More