CEL-SCI Corp (CVM) Reports Q1 EPS of $0.01

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CEL-SCI Corporation Reports First Quarter Fiscal 2017 Financial Results

February 9, 2017 5:15 PM EST

VIENNA, Va.--(BUSINESS WIRE)-- CEL-SCI Corporation (NYSE MKT: CVM) today reported financial results for the quarter ended December 31, 2016.

CEL-SCI reported the net income available to common shareholders for the quarter ended December 31, 2016 was $3,536,802 or $0.02 per basic share, versus $2,341,813 or $0.02 per basic share during the quarter ended December 31, 2015. CEL-SCI reported an operating loss of ($5,414,607) for the quarter ended December 31, 2016 versus an operating loss of ($5,783,132) for the quarter ended December 31, 2015.

CEL-SCIs net income for the quarter ending December 31, 2016 and 2015 was largely attributable to the gain on derivative instruments of approximately $8.9 million and... More