Ophthotech Reports Second Quarter 2017 Financial and Operating Results

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Go back to Ophthotech Reports Second Quarter 2017 Financial and Operating Results

Ophthotech Corp (OPHT) Posts Smaller-than-Expected Q2 Loss

July 26, 2017 6:34 AM EDT

Ophthotech Corp (NASDAQ: OPHT) reported Q2 EPS of ($0.62), $0.45 better than the analyst estimate of ($1.07). Revenue for the quarter came in at $1.7 million versus the consensus estimate of $1.03 million.

As of June 30, 2017, the Company had $196.4 million in cash, cash equivalents, and marketable securities.... More