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Hookipa Pharma Posts Wider Q1 Loss Amid Higher Spending, Revenue Rises

05/12/2021 04:33

08:19 AM EDT, 05/12/2021 (MT Newswires) -- Hookipa Pharma (HOOK) reported Wednesday Q1 net loss of $0.53 per diluted share, wider compared with $0.43 a year ago after operating expenses increased to $24.5 million from $16.2 million.

Analysts were looking for a loss per share of $0.53.

Revenue from collaboration and licensing totaled $5.3 million, compared with $3.7 million a year ago. Street view was for $4 million.

Cash, cash equivalents and restricted cash stood at $128.1 million as of the end of March versus $143.2 million as of Dec. 31, according to the statement.

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