Brief: Palatin Technologies Q4 Earnings Per Share $0.23

Palatin Technologies

12/09/2019 12:52

Sept 12 (Reuters) - Palatin Technologies Inc  PTN.A :
    * PALATIN TECHNOLOGIES, INC. REPORTS FOURTH QUARTER AND
FISCAL
YEAR 2019 RESULTS
    * Q4 EARNINGS PER SHARE $0.23
    * Q4 EARNINGS PER SHARE ESTIMATE $-0.03 -- REFINITIV IBES
DATA
    * QTRLY LICENSE AND CONTRACT REVENUE $60.3 MILLION VERSUS $
67.1
MILLION
    * PALATIN TECHNOLOGIES - IND APPLICATION FOR PL9643,
COMMENCEMENT
OF A PHASE 2 CLINICAL STUDY IN DRY EYE DISEASE CURRENTLY
ANTICIPATED IN Q1 2020
    * CASH AND ACCOUNTS RECEIVABLE BALANCES AT JUNE 30, 2019 OF
$102
MILLION
    * PALATIN TECHNOLOGIES - CASH AND ACCOUNTS RECEIVABLE
BALANCES AT
JUNE 30 SUFFICIENT TO COVER PLANNED OPERATIONS THROUGH AT LEAST
CALENDAR YEAR 2021

Source text for Eikon:  ID:nPn2GqSwKa 
Further company coverage:  PTN.A 

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