MALVERN, Pa. (AP) — MALVERN, Pa. (AP) — Ocugen, Inc. (OCGN) on Tuesday reported a loss of $19.2 million in its first quarter.
On a per-share basis, the Malvern, Pennsylvania-based company said it had a loss of 6 cents.
The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 5 cents per share.
The biotech knee implant developer posted revenue of $1.5 million in the period.
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