Navidea Biopharma (NAVB) Tops Q4 EPS by 2c

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Navidea Announces Fourth Quarter and Full Year 2015 Results

March 23, 2016 6:30 AM EDT

- Company provides 2016 total revenue guidance of $23 to $25 Million

Management hosting webcast and conference call on March 23, 2016 at 8:00 a.m. ET

DUBLIN, Ohio--(BUSINESS WIRE)-- Navidea Biopharmaceuticals, Inc. (NYSE MKT: NAVB), today announced results for the fourth quarter and year ended December 31, 2015. Navidea reported total revenue for 2015 of $13.2 million including Lymphoseek® (technetium Tc 99m tilmanocept) injection sales revenue of $10.3 million compared to total revenue of $6.3 million for 2014, which included Lymphoseek sales revenue of $4.2 million.

2015 was marked by a strong turnaround in our commercial business, more than... More