2023-08-09 08:04:18 ET
- Omeros press release ( NASDAQ: OMER ): Q2 GAAP EPS of -$0.70 misses by $0.13 .
- Cash burn for the quarter ended June 30, 2023 was $30.1 million, an amount artificially inflated by $3.4 million corresponding to Rayner’s late payment of royalties received in July but due in June 2023.
- As of June 30, 2023, we had $341.3 million of cash and short-term investments, all of which are held in our name, available for operations and debt service. In addition, we had $11.2 million in accounts receivable.
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Omeros GAAP EPS of -$0.70 misses by $0.13