Pulse Biosciences Shares Rise After Q2 Results

MT Newswires Live

08/08

Pulse Biosciences (PLSE) shares were up 6.6% in Friday trading, a day after the company reported its Q2 results.

The company posted a Q2 net loss of $0.36 per diluted share, widening from a loss of $0.28 a year earlier.

Three analysts polled by FactSet expected a $0.36 loss.

Revenue for the quarter ended June 30 was $434,000.

Three analysts expected $500,000.

Pulse Biosciences said cash and cash equivalents totaled $101.6 million as of June 30.

Price: 40.76, Change: +2.52, Percent Change: +6.58

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