Tuesday, May 5, 2015

StemCells (STEM) Reports 1Q'15 Results

StemCells (STEM) reported 1Q'15 results today (02015.05.05) after the market closed. From the press release: "StemCells, Inc. continues to make great progress," said Martin McGlynn, CEO of StemCells, Inc.

I'm not sure Wall Street agrees. STEM closed today (02015.05.05) at $0.60. 52-week range: $0.54 - $2.43.

Also from the 1Q'15 press release: "For the first quarter of 2015, the Company reported a net loss of $9,351,000 or $(0.14) per share. In comparison, for the first quarter of 2014, the Company reported a net loss of $7,620,000 or $(0.14) per share."

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