Geron: 3Q Earnings Snapshot
FOSTER CITY, Calif. (AP) _ Geron Corp. (GERN) on Thursday reported a loss of $19.7 million in its third quarter.
On a per-share basis, the Foster City, California-based company said it had a loss of 6 cents.
The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 5 cents per share.
The drugmaker posted revenue of $108,000 in the period.
In the final minutes of trading on Thursday, the company’s shares hit $1.83. A year ago, they were trading at $1.48.