Delcath Systems Inc. Q4 Loss Decreases, But Misses Estimates

Delcath Systems Inc. (DCTH) reported Loss for fourth quarter that decreased from last year but missed the Street estimates.

The company's bottom line totaled -$3.40 million, or -$0.11 per share. This compares with -$11.14 million, or -$0.48 per share, last year.

Analysts on average had expected the company to earn $0.01 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 2701.5% to $15.100 million from $0.539 million last year.

Delcath Systems Inc. earnings at a glance (GAAP) :

-Earnings: -$3.40 Mln. vs. -$11.14 Mln. last year.
-EPS: -$0.11 vs. -$0.48 last year.
-Revenue: $15.100 Mln vs. $0.539 Mln last year.

by RTTNews Staff Writer

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