Vitae Pharmaceuticals Reports First Quarter 2015 Operating and Financial Results

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Go back to Vitae Pharmaceuticals Reports First Quarter 2015 Operating and Financial Results

Vitae Pharmaceuticals (VTAE) Misses Q1 EPS by 12c

May 12, 2015 4:53 PM EDT

Vitae Pharmaceuticals (NASDAQ: VTAE) reported Q1 EPS of ($0.47), $0.12 worse than the analyst estimate of ($0.35). Revenue for the quarter came in at $150.24 thousand versus the consensus estimate of $90 thousand.

As of March 31, 2015, Vitae had $88.7 million in cash, cash equivalents and marketable securities, compared to $65.3... More