XAIR - Beyond Air GAAP EPS of -$0.43 misses by $0.02
- Beyond Air press release ( NASDAQ: XAIR ): Q3 GAAP EPS of -$0.43 misses by $0.02 .
- As of December 31, 2022, the Company reported cash and cash equivalents, marketable securities, and restricted cash of $63.2 million.
- Total cash burn in the quarter ended December 31, 2022, was $9.3 million, which is in line with the Company’s quarterly cash burn guidance of $8.0 – 10.0 million per quarter.
- Through the first nine months of the Company’s fiscal year 2023, total cash burn was $27.0 million which includes $2.5 million in non-recurring expense.
- Shares -0.75% .
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Beyond Air GAAP EPS of -$0.43 misses by $0.02