XOMA Reports Fourth Quarter and Full Year 2018 Financial Results and Operating Highlights

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XOMA (XOMA) Tops Q4 EPS by 14c, Revenues Beat

March 7, 2019 7:19 AM EST

XOMA (NASDAQ: XOMA) reported Q4 EPS of ($0.35), $0.14 better than the analyst estimate of ($0.49). Revenue for the quarter came in at $1.55 million versus the consensus estimate of $1.13 million.

In 2018, we completed the first transaction under our royalty-aggregator business model, adding seven assets being developed by Merck and Incyte, bringing our royalty... More