BioBlast Pharma Reports Third Quarter Financial Results

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Lower Than Expected R&D Expenses Drive 3Q EPS Beat for BioBlast Pharma (ORPN); Oppenheimer Reiterates Outperform

November 19, 2015 7:33 AM EST

Oppenheimer reiterated an Outperform rating and $32.00 price target on Bio Blast Pharma (NASDAQ: ORPN) following the company's 3Q earnings report. ORPN reported a loss of $(0.25)/share vs. consensus of $(0.29), primarily due to lower than expected R&D expenses. In 3Q15, ORPN announced positive... More

BioBlast Pharma (ORPN) Tops Q3 EPS by 4c

November 17, 2015 8:03 AM EST

BioBlast Pharma (NASDAQ: ORPN) reported Q3 EPS of ($0.25), $0.04 better than the analyst estimate of ($0.29).

BioBlast ended the third quarter of 2015 with $23.1 million in cash and short-term bank deposits, total quarterly expenses were $3.6 million whereas total quarterly expenses excluding stock based compensation were $3.0 million.

On... More