08:59 AM EDT, 08/08/2024 (MT Newswires) -- Geron ( GERN ) reported a Q2 net loss Thursday of $0.10 per diluted share, widening from a loss of $0.09 a year earlier.

Analysts polled by Capital IQ expected a per-share loss of $0.10.

Revenue for the quarter ended June 30 was $882,000, up fro $29,000 a year earlier.

Analysts surveyed by Capital IQ expected $290,000.

As of June 30, the company said it had $430.4 million in cash, cash equivalents and marketable securities, which, together with projected revenue from US sales of Rytelo, will be enough to fund its expected operating requirements into Q2 of 2026.

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