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Clene's Q1 Net Loss Widens, Revenue Increases

05/11/2021 05:12

09:01 AM EDT, 05/11/2021 (MT Newswires) -- Clene (CLNN) reported Tuesday a Q1 net loss of $0.66 per share, compared with a loss of $0.23 per share a year ago.

Revenue was $213,000, up from $70,000 a year ago. Three analysts surveyed by Capital IQ were expecting $80,000.

As of March 31, the biopharmaceutical company had cash of approximately $48 million.

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