Form EFFECT Galena Biopharma, Inc.

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Go back to Form EFFECT Galena Biopharma, Inc.

Galena Biopharma (GALE) Tops Q2 EPS by 11c

August 9, 2016 4:22 PM EDT

Galena Biopharma (NASDAQ: GALE) reported Q2 EPS of $0.05, $0.11 better than the analyst estimate of ($0.06).

Galena had cash and cash equivalents of approximately $19.6 million as of June 30, 2016, compared with $29.7 million as of December 31, 2015. The decrease of approximately $10.1 million in cash and cash equivalents from December 31, 2015 to June 30, 2016 was attributable primarily to $24.7... More