Evofem Biosciences Reports First Quarter 2019 Financial Results and Provides Corporate Update

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Evofem Biosciences (EVFM) Misses Q1 EPS by 26c

May 7, 2019 6:08 AM EDT

Evofem Biosciences (NASDAQ: EVFM) reported Q1 EPS of ($0.67), $0.26 worse than the analyst estimate of ($0.41).

Entered into a securities purchase agreement pursuant to which Evofem may raise up to $80 million through a private placement of common stock from new and existing investors, including a strategic investment from PDL BioPharma (NASDAQ:... More