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Geron: Q1 Earnings Snapshot

Associated Press Finance
·1-min read

FOSTER CITY, Calif. (AP) — FOSTER CITY, Calif. (AP) — Geron Corp. (GERN) on Thursday reported a loss of $55.4 million in its first quarter.

On a per-share basis, the Foster City, California-based company said it had a loss of 9 cents.

The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 10 cents per share.

The drugmaker posted revenue of $304,000 in the period.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GERN at https://www.zacks.com/ap/GERN