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August 11, 2014
16:15 EDTOMEROmeros reports Q2 EPS (53c) with items, consensus (52c)
Reports Q2 revenue $45,000, consensus $130,000. Q2 results included $2.5M, or 7c per share of non-cash expenses. The decrease in revenue, year over year, was due to a reduction of activity on NIH grant projects, which resulted in lower revenue being recognized.
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