QLT Announces First Quarter 2016 Results

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Go back to QLT Announces First Quarter 2016 Results

QLT, Inc. (QLTI) Posts Wider Q1 Loss

May 5, 2016 7:02 AM EDT

QLT, Inc. (NASDAQ: QLTI) reported Q1 EPS of ($0.41), $0.32 worse than the analyst estimate of ($0.09).

As at March 31, 2016, the Companys consolidated cash and cash equivalents were $102.9 million compared to $141.8 million at December 31, 2015. The $38.9 million decrease was primarily due to the $45.0 million Aralez Investment, $4.5... More