Geron Corp (GERN) Reports In-Line Q4 EPS

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Go back to Geron Corp (GERN) Reports In-Line Q4 EPS

Geron Corporation Reports Fourth Quarter and Annual 2017 Financial Results and Recent Events

March 16, 2018 4:10 PM EDT

MENLO PARK, Calif., March 16, 2018 (GLOBE NEWSWIRE) -- Geron Corporation (Nasdaq: GERN) today reported financial results for the fourth quarter and year ended December 31, 2017 and recent events.

Fourth Quarter and Year-End 2017 Results

For the fourth quarter of 2017, the company reported a net loss of $7.4 million, or $0.05 per share, compared to $8.5 million, or $0.05 per share, for the comparable 2016 period. For 2017, the company reported a net loss of $27.9 million, or $0.18 per share, compared to $29.5 million, or $0.19 per share, for 2016. The company ended 2017 with $109.2 million in cash and investments.

Revenues for the fourth quarter... More