Celldex Therapeutics (CLDX) Reports Q2 Loss, Misses Revenue Estimates
Celldex Therapeutics reported a second-quarter loss of $0.94 per share, which was narrower than the Zacks Consensus Estimate of a $1.04 loss but wider than the $0.85 per-share loss from a year ago. The company missed revenue estimates for the quarter.
Why it matters — The quarter's results fall short of revenue expectations and show a year-over-year deterioration in per-share losses, which CLDX watchers monitoring the company's financial trajectory would want to track.