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OTIC - Otonomy EPS beats by $0.02 misses on revenue; provides FY20 guidance
Otonomy Inc.
Otonomy (OTIC): Q3 GAAP EPS of -$0.22 beats by $0.02.Revenue of $0.05M (-61.5% Y/Y) misses by $0.01M.FY2020 guidance: Non-GAAP operating expenses of $35M-$38M , GAAP operating expenses of $45M-$48M. Cash equivalents, and short-term investments will be sufficient to fund the company’s operations for at least two years.Press Release