Cleveland Biolabs (CBLI) Reports Q2 Loss of $1.12

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Cleveland BioLabs Reports Second Quarter 2015 Financial Results and Development Progress

August 12, 2015 7:30 AM EDT

BUFFALO, NY -- (Marketwired) -- 08/12/15 -- Cleveland BioLabs, Inc. (NASDAQ: CBLI) today reported financial results and development progress for the second quarter and for the six-month period ended June 30, 2015.

Cleveland BioLabs reported a $4.4 million net loss for the second quarter of 2015, or $1.12 per share, compared to a net loss of $4.0 million, or $1.53 per share, for the same period in 2014. Net loss for the first six months of 2015 was $8.1 million, or $2.25 per share, compared to a net loss of $5.5 million, or $2.18 per share, for the same period in 2014. The... More