Cempra to Report Third Quarter 2016 Financial Results

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Cempra (CEMP) Tops Q3 EPS by 2c

October 27, 2016 4:29 PM EDT

Cempra (NASDAQ: CEMP) reported Q3 EPS of ($0.62), $0.02 better than the analyst estimate of ($0.64). Revenue for the quarter came in at $360 thousand versus the consensus estimate of $3.9 million.

As of September 30, 2016, Cempra had cash and equivalents of $248.9 million and 52.4 million shares outstanding. In... More