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Geron Corporation Q1 Loss beats estimates

Geron Corporation (GERN) announced Loss for first quarter that beat the Street estimates.

The company's earnings came in at -$30.10 million, or -$0.09 per share. This compares with -$27.82 million, or -$0.09 per share, in last year's first quarter.

Analysts on average had expected the company to earn -$0.1 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 14.3% to $0.12 million from $0.14 million last year.

Geron Corporation earnings at a glance (GAAP) :

-Earnings (Q1): -$30.10 Mln. vs. -$27.82 Mln. last year.
-EPS (Q1): -$0.09 vs. -$0.09 last year.
-Analyst Estimates: -$0.1
-Revenue (Q1): $0.12 Mln vs. $0.14 Mln last year.

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