Capricor Therapeutics (CAPR) Misses Q3 EPS by 2c, provides outlook

Capricor Therapeutics (NASDAQ: CAPR) reported Q3 EPS of ($0.38), $0.02 worse than the analyst estimate of ($0.36). Revenue for the quarter came in at $2.26 million versus the consensus estimate of $4.48 million.

Financial Outlook: The Company believes that based on the current operating plan and financial resources, our available cash, cash equivalents and marketable securities will be sufficient to cover anticipated expenses and capital requirements into 2027. This expectation excludes any additional potential milestone payments under the Commercialization and Distribution Agreements with Nippon Shinyaku, as well as any strategic use of capital not currently in the Company’s base-case planning assumptions.

For earnings history and earnings-related data on Capricor Therapeutics (CAPR) click here.

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