Capricor Therapeutics Provides Corporate Update and Reports First Quarter 2016 Financial Results

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Capricor Therapeutics (CAPR) Misses Q1 EPS by 7c

May 12, 2016 4:50 PM EDT

Capricor Therapeutics (NASDAQ: CAPR) reported Q1 EPS of ($0.26), $0.07 worse than the analyst estimate of ($0.19).

Financial Outlook

Based on current operating plans, the Company expects that its existing cash, cash equivalents and marketable securities will fund its research and development programs and other operations... More