Vitae Pharmaceuticals Reports Second Quarter 2016 Operating and Financial Results

Go back to Vitae Pharmaceuticals Reports Second Quarter 2016 Operating and Financial Results

JMP Securities Downgrades Vitae Pharmaceuticals (VTAE) to Market Perform

August 4, 2016 7:21 AM EDT

JMP Securities downgraded Vitae Pharmaceuticals (NASDAQ: VTAE) from Market Outperform to Market Perform and removed its price target (prior $10.00).

For an analyst ratings summary and ratings history on Vitae Pharmaceuticals click here. For more ratings news on Vitae Pharmaceuticals click here.

Shares of Vitae Pharmaceuticals closed at $10.29 yesterday.

... More

Vitae Pharmaceuticals (VTAE) Tops Q2 EPS by 5c

August 3, 2016 5:40 PM EDT

Vitae Pharmaceuticals (NASDAQ: VTAE) reported Q2 EPS of ($0.36), $0.05 better than the analyst estimate of ($0.41). Revenue for the quarter came in at $3.3 thousand versus the consensus estimate of $10 thousand.

As of June 30, 2016, Vitae had $77.4 million in cash, cash equivalents and marketable securities, compared with $59.4 million... More