Champions Oncology (CSBR) Posts Narrower Q1 Loss

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Champions Oncology Beats Revenue Guidance for Quarter; Reaffirms Full Year Guidance of 43 - 60% Revenue Growth

September 9, 2016 8:15 AM EDT

HACKENSACK, N.J., Sept. 9, 2016 /PRNewswire/ -- Champions Oncology, Inc. (Nasdaq: CSBR), engaged in the development of advanced technology solutions and services to personalize the development and use of oncology drugs, today announced its financial results for the first quarter ended July 31, 2016.

First Quarter and Recent Business Highlights:

First quarter revenue of $3.7 million; significantly above revenue guidance range of $3.25 - $3.5 million Reaffirms full year revenue guidance for FY2017 of $16 - $18 million Delivered third consecutive quarter of record TOS bookings Signed significant AML study with major... More