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Geron Corporation Q3 Loss increases, misses estimates

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

The company's bottom line came in at -$41.05 million, or -$0.10 per share. This compares with -$26.70 million, or -$0.08 per share, in last year's third quarter.

Analysts on average had expected the company to earn -$0.09 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 172.5% to $297 million from $109 million last year.

Geron Corporation earnings at a glance (GAAP) :

-Earnings (Q3): -$41.05 Mln. vs. -$26.70 Mln. last year.
-EPS (Q3): -$0.10 vs. -$0.08 last year.
-Analyst Estimate: -$0.09
-Revenue (Q3): $297 Mln vs. $109 Mln last year.

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