Abeona Therapeutics Announces Third Quarter 2016 Financial Results and Recent Clinical Highlights

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Abeona Therapeutics (ABEO) Tops Q3 EPS by 11c

November 10, 2016 7:45 AM EST

Abeona Therapeutics (NASDAQ: ABEO) reported Q3 EPS of ($0.08), $0.11 better than the analyst estimate of ($0.19). Revenue for the quarter came in at $184 thousand versus the consensus estimate of $240 thousand.

Cash, cash equivalents and marketable securities as of September 30, 2016 were $31.2 million, compared to $34.3 million... More