Geron Corporation (GERN) released Loss for fourth quarter that decreased from the same period last year and beat the Street estimates.
The company's bottom line totaled -$25.35 million, or -$0.04 per share. This compares with -$51.97 million, or -$0.09 per share, last year.
Analysts on average had expected the company to earn -$0.05 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 237600% to $47.54 million from $0.02 million last year.
Geron Corporation earnings at a glance (GAAP) :
-Earnings: -$25.35 Mln. vs. -$51.97 Mln. last year.
-EPS: -$0.04 vs. -$0.09 last year.
-Revenue: $47.54 Mln vs. $0.02 Mln last year.
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