Minerva Neurosciences Reports Third Quarter 2016 Financial Results and Business Updates

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Minerva Neurosciences (NERV) Misses Q3 EPS by 3c

November 3, 2016 8:42 AM EDT

Minerva Neurosciences (NASDAQ: NERV) reported Q3 EPS of ($0.24), $0.03 worse than the analyst estimate of ($0.21).

Cash, cash equivalents and marketable securities as of September 30, 2016 were approximately $91.9 million, compared to $32.2 million as of December 31, 2015. As previously stated, Minerva expects that its cash, cash equivalents and... More