Lineage Cell Therapeutics Reports Fourth Quarter and Full Year 2019 Financial Results and Provides Business Update

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Lineage Cell Therapeutics (LCTX) Tops Q4 EPS by 2c, Revenues Beat

March 12, 2020 4:46 PM EDT

Lineage Cell Therapeutics (NYSE: LCTX) reported Q4 EPS of ($0.03), $0.02 better than the analyst estimate of ($0.05). Revenue for the quarter came in at $1.24 million versus the consensus estimate of $1.03 million.

2019 was a transformative year for Lineage. We established Lineage as a leading cell therapy company with the goal to usher in a new branch of medicine based on transplanting intact cells into the body... More