Capricor: Q1 Earnings Snapshot
By Ap News
Published - May 13, 2024, 04:21 PM ET
Last Updated - May 13, 2024, 04:21 PM EDT
SAN DIEGO (AP) — SAN DIEGO (AP) — Capricor Therapeutics Inc. (CAPR) on Monday reported a loss of $9.8 million in its first quarter.
On a per-share basis, the San Diego-based company said it had a loss of 31 cents.
The biotechnology company posted revenue of $4.9 million in the period.
Capricor shares have risen 11% since the beginning of the year. In the final minutes of trading on Monday, shares hit $5.44, a rise of 32% in the last 12 months.
