Galmed Pharmaceuticals Reports First Quarter 2017 Financial Results

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Galmed Pharma (GLMD) Tops Q1 EPS by 12c

May 15, 2017 8:02 AM EDT

Galmed Pharma (NASDAQ: GLMD) reported Q1 EPS of ($0.26), $0.12 better than the analyst estimate of ($0.38). Revenue for the quarter came in at $300 thousand versus the consensus estimate of $260 thousand.

Net loss of $3.2 million, or $0.26 per share, for the three months ended March 31, 2017, compared to a net loss of $4.0 million, or $0.36 per share, for the three months ended March 31, 2016. This period\'s net loss... More