Ohr Pharmaceutical Reports Fiscal Second Quarter 2018 Financial Results
OHR PHARMACEUTICALS (OHRP)
Last ohr pharmaceuticals earnings: 8/8 04:01 pm
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ir.ohrpharmaceutical.com
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Source: GlobeNewswire
NEW YORK, May 15, 2018 (GLOBE NEWSWIRE) -- Ohr Pharmaceutical, Inc. (Nasdaq:OHRP), a pharmaceutical company developing therapies for ophthalmic diseases, today reported financial results for its fiscal second quarter ended March 31, 2018. “During the fiscal second quarter we embarked on a process to evaluate a range of strategic alternatives to maximize shareholder value,” said Dr. Jason Slakter, chief executive officer of Ohr Pharmaceutical. “We engaged Roth Capital to act as our exclusive financial advisor and are encouraged by the progress we have made to date.” Financial Results for the Second Quarter ended March 31, 2018 For the quarter ended March 31, 2018, the Company reported a net loss of approximately $2.2 million, or ($0.04) per share, compared to a net loss of approximately $7.7 million, or ($0.21) per share in the same period of 2017.For the quarter ended March 31, 2018, total operating expenses were approximately $2.2 million, consisting of $0.6 million in general
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