Aastrom Biosciences Inc. (ASTM), Monday reported fourth-quarter net loss of $2.8 million or $0.07 per share, compared to $13.2 million or $0.44 per share last year.
Analysts polled by Thomson Reuters expected loss of $0.23 per share for the quarter. Analysts' estimates typically exclude one-time items.
The company did not report any revenues for the current quarter while last year it generated revenues of $253 thousand.
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