Asterias Biotherapeutics Reports Third Quarter Results
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Asterias Biotherapeutics (AST) Tops Q3 EPS by 5c
November 9, 2015 4:46 PM ESTAsterias Biotherapeutics (NYSE: AST) reported Q3 EPS of ($0.06), $0.05 better than the analyst estimate of ($0.11). Revenue for the quarter came in at $1.4 million versus the consensus estimate of $440 thousand.
Cash and cash equivalents were $12.6 million as of September 30, 2015, compared to $3.1 million as of December 31, 2014. At September 30, 2015, the Company held 3.9 million BioTime common shares, with a market value of approximately $11.6 million on that... More
