Cytori Therapeutics (CYTX) Misses Q2 EPS by 14c

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Cytori Reports Q2 2018 Business and Financial Results

August 14, 2018 4:20 PM EDT

SAN DIEGO, Aug. 14, 2018 (GLOBE NEWSWIRE) -- Cytori Therapeutics (NASDAQ: CYTX) (Cytori or the Company) today announced Q2 2018 financial results and provided updates on corporate activities.

Q2 2018 net loss was $3.7 million, or $0.59 per share. Operating cash burn for Q2 was approximately $2.7 million. Cytori ended Q2 with approximately $3.1 million of cash and cash equivalents, or approximately $8.8 million pro-forma at June 30, 2018, when considering $5.7 million in net cash proceeds received from... More