VistaGen Therapeutics Inc Q3 Loss Increases, But Beats Estimates

VistaGen Therapeutics Inc (VTGN) reported Loss for its third quarter that increased from last year but beat the Street estimates.

The company's earnings totaled -$14.09 million, or -$0.46 per share. This compares with -$6.35 million, or -$0.22 per share, last year.

Analysts on average had expected the company to earn -$0.52 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period fell 43.9% to $0.23 million from $0.41 million last year.

VistaGen Therapeutics Inc earnings at a glance (GAAP) :

-Earnings: -$14.09 Mln. vs. -$6.35 Mln. last year.
-EPS: -$0.46 vs. -$0.22 last year.
-Revenue: $0.23 Mln vs. $0.41 Mln last year.

by RTTNews Staff Writer

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