Cytori Therapeutics (CYTX) Tops Q3 EPS by 3c

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Cytori Reports Q3 2018 Business and Financial Results

November 14, 2018 4:15 PM EST

SAN DIEGO, Nov. 14, 2018 (GLOBE NEWSWIRE) -- Cytori Therapeutics (NASDAQ: CYTX) (Cytori or the Company) today announced Q3 2018 financial results and provided updates on corporate activities. 

Q3 2018 net loss was $2.3 million, or $0.27 per share. Operating cash burn for Q3 was approximately $2.6 million. Cytori ended Q3 with approximately $6.8 million of cash and cash equivalents.

Cytori is developing its lead chemotherapy drug, ATI-0918, a generic version... More