Galmed Pharma (GLMD) Tops Q1 EPS by 12c

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Galmed Pharmaceuticals Reports First Quarter 2017 Financial Results

May 15, 2017 8:00 AM EDT

TEL AVIV, Israel, May 15, 2017 /PRNewswire/ -- Galmed Pharmaceuticals Ltd. (Nasdaq: GLMD) ("Galmed" or the "Company"), a clinical-stage biopharmaceutical company focused on the development of a once-daily, oral therapy for the treatment of nonalcoholic steatohepatitis, or NASH, and other liver diseases, today reported financial results for the three months ended March 31, 2017.  The Company will host a conference call and webcast today to discuss the financial results.

Financial Summary First Quarter 2017 vs. First Quarter 2016:

Net loss of $3.2 million, or $0.26 per share, for the three months ended... More