Forward Pharma (FWP) Reports Q2 Loss of $0.20/Share

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Go back to Forward Pharma (FWP) Reports Q2 Loss of $0.20/Share

Forward Pharma Reports Second Quarter 2015 Financial and Operational Results

September 8, 2015 4:00 PM EDT

COPENHAGEN, Denmark, Sept. 8, 2015 (GLOBE NEWSWIRE) -- Forward Pharma A/S (NASDAQ: FWP) ("We" or "Forward" or "Company"), today reported financial results for the second quarter ended June 30, 2015. Net loss for the second quarter ended June 30, 2015 was $17.7 million, or $0.38 per share versus $3.2 million, or $0.10 per share for second quarter ended June 30, 2014. On a non-GAAP basis, after removing the effect of non-cash income and expense items, our second quarter net loss for 2015 would have been $9.3 million, or $0.20 per share versus $1.8 million or $0.10 per share for the second quarter of 2014.  As of June 30, 2015, the Company had $202.5 million in... More