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Neuralstem FY12 Loss Narrows

Neuralstem Inc. (CUR) reported fiscal 2012 net loss of $10.1 million or $0.17 per share, narrower than $12.5 million or $0.26 per share in the comparable period last year.

Analysts polled by Thompson Reuters expected the company to report a loss of $0.18 per share.

For fiscal 2012, operating loss narrowed to $10.16 million from $12.99 million in the year-ago period.

Revenues for the period were $407,708 thousand, compared to $390,625 thousand last year, while analysts expected 540 thousand for fiscal 2012.

by RTTNews Staff Writer

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