InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,222.68
(
0.16%
)
US TECH 100
17,652.00
(
0.06%
)
Dow Jones
39,512.84
(
0.32%
)
Brent Oil
82.59
(
0.00%
)
Bitcoin
60,795.09
(
0.00%
)
Post# of 672
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

TheFinalCD

Send PM Follow Ignore
Followers 4054
Posts 151292
Boards Moderated 4
Alias Born 08/05/2009

TheFinalCD

Member Level

Re: Apophis post# 613

Monday, 08/27/2018 8:01:47 PM

Monday, August 27, 2018 8:01:47 PM

Post# of 672
EGLT: Egalet 2Q:18 Results

Egalet’s cash balance stood at $70 million as of June 30, 2018 while long term debt listed on the balance sheet was $101 million. Interest expense totaled $3.8 million in the quarter, which includes a non-cash component of $0.7 million. However, the company has submitted a tender to holders of the 5.5% convertible senior notes that have a principal amount of $24.65 million. We expect this debt to be extinguished, resulting in a reduction in cash balance.

Cash burn for the second quarter of 2018 was ($5.4) million which compares to ($20.5) million in 2Q:17 with the difference attributable to a larger net loss in 2017.



https://finance.yahoo.com/news/eglt-egalet-2q-18-results-161500176.html

Always consult an Investment Professional, my posts are my own
opinions, and not for investing decisions!

Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up