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Geron Corporation Q4 Loss increases, misses estimates

Geron Corporation (GERN) released Loss for its fourth quarter that increased from last year and missed the Street estimates.

The company's earnings came in at -$32.02 million, or -$0.10 per share. This compares with -$23.79 million, or -$0.07 per share, in last year's fourth quarter.

Analysts on average had expected the company to earn -$0.08 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 1980.0% to $1.04 million from $0.05 million last year.

Geron Corporation earnings at a glance (GAAP) :

-Earnings (Q4): -$32.02 Mln. vs. -$23.79 Mln. last year.
-EPS (Q4): -$0.10 vs. -$0.07 last year.
-Analyst Estimate: -$0.08
-Revenue (Q4): $1.04 Mln vs. $0.05 Mln last year.

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