ABEONA THERAPEUTICS INC. (ABEO) reported Loss for its first quarter that increased from last year and missed the Street estimates.
The company's earnings came in at -$31.58 million, or -$1.16 per share. This compares with -$9.11 million, or -$0.54 per share, in last year's first quarter.
Analysts on average had expected the company to earn -$0.51 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
ABEONA THERAPEUTICS INC. earnings at a glance (GAAP) :
-Earnings (Q1): -$31.58 Mln. vs. -$9.11 Mln. last year.
-EPS (Q1): -$1.16 vs. -$0.54 last year.
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