22nd Century Group Reports Business Highlights and Financial Results for the Second Quarter 2021
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22nd Century Group (XXII) Reports In-Line Q2 EPS
August 5, 2021 8:00 AM EDT22nd Century Group (NYSE: XXII) reported Q2 EPS of ($0.03), in-line with the analyst estimate of ($0.03). Revenue for the quarter came in at $8.4 million, versus $6.4 million reported last year.
We remain highly confident in a positive outcome for our Modified Risk Tobacco Product (MRTP) application, and based on continued engagement and very recent feedback from the FDA, we believe that our application has completed the scientific review process and is in the documentation process, said James A. Mish, chief executive officer of 22nd Century Group. I recognize that the delay by the FDA in authorizing our... More
