OncoMed Announces First Quarter 2017 Financial Results and Demcizumab DENALI Results

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OncoMed Pharma (OMED) Tops Q1 EPS by 2c

May 8, 2017 6:51 AM EDT

OncoMed Pharma (NASDAQ: OMED) reported Q1 EPS of ($0.61), $0.02 better than the analyst estimate of ($0.63). Revenue for the quarter came in at $6.2 million versus the consensus estimate of $6.97 million.

2017 Financial Guidance OncoMed anticipates 2017 full-year cash expenses will be approximately $90 million, including the impact of... More