Cleveland Biolabs (CBLI) Posts Narrower Q2 Loss
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Cleveland BioLabs Reports Second Quarter 2016 Financial Results and Development Progress
August 15, 2016 8:30 AM EDTBUFFALO, NY -- (Marketwired) -- 08/15/16 -- Cleveland BioLabs, Inc. (NASDAQ: CBLI) today reported financial results and development progress for the second quarter ended June 30, 2016.
Cleveland BioLabs reported a $(1.9) million net loss, excluding minority interests, for the second quarter of 2016, or $(0.17) per share, compared to a net loss, excluding minority interests, of $(4.4) million, or $(1.12) per share, for the same period in 2015. Net loss, excluding minority interests, for the first six months of 2016 was $(2.6) million, or $(0.23) per share, compared to a net loss, excluding minority interests, of $(8.1) million, or $(2.25)... More
