05:34 PM EDT, 08/14/2024 (MT Newswires) -- Celcuity ( CELC ) reported a Q2 non-GAAP loss late Wednesday of $0.58 per diluted share, compared with a $0.51 loss a year earlier.

One analyst polled by Capital IQ expected a loss of $0.55.

According to the company's earnings statement, the average common diluted shares outstanding as of June 30 were 38.4 million compared with 22 million a year ago.

The company did not report any revenue for Q2 ended June 30 and the corresponding period a year ago. Analysts surveyed by Capital IQ also did not expect the company to report any Q2 sales.

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