Ophthotech Reports First Quarter 2017 Financial and Operating Results

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Ophthotech Corp (OPHT) Tops Q1 EPS by 12c

May 3, 2017 7:36 AM EDT

Ophthotech Corp (NASDAQ: OPHT) reported Q1 EPS of ($1.20), $0.12 better than the analyst estimate of ($1.32). Revenue for the quarter came in at $1.7 million versus the consensus estimate of $1.17 million.

As of March 31, 2017, the Company had $227.6 million in cash, cash equivalents, and marketable securities.

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