Geron Shares Fall After Disappointing 4Q, Outlook Despite Restructuring

Dow Jones

Feb 26

By Katherine Hamilton

Geron shares fell on disappointing fourth-quarter results and guidance, despite restructuring efforts.

The stock slid 16% to $1.65 on Wednesday. Shares are still up 3.4% over the past 12 months.

The Foster City, Calif., biopharmaceutical company posted roughly flat sales of $48.0 million, below the $50.4 million analysts were expecting.

It had an adjusted loss of 5 cents a share, while analysts had been projecting a loss of 3 cents a share.

Costs continued to rise for Geron as well. The company cut a third of its workforce in December as part of a restructuring effort. Expenses increased to $75.8 million from $67.6 million the year before.

Geron expects revenue will be $220 million to $240 million for this year, missing analysts' guidance of $242.6 million.

Write to Katherine Hamilton at katherine.hamilton@wsj.com

(END) Dow Jones Newswires

February 25, 2026 13:34 ET (18:34 GMT)

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Shares are still up 3.4% over the past 12 months. \n</p>\n<p>\n  The Foster City, Calif., biopharmaceutical company posted roughly flat sales of $48.0 million, below the $50.4 million analysts were expecting. \n</p>\n<p>\n  It had an adjusted loss of 5 cents a share, while analysts had been projecting a loss of 3 cents a share. \n</p>\n<p>\n  Costs continued to rise for Geron as well. The company cut a third of its workforce in December as part of a restructuring effort. 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Shares are still up 3.4% over the past 12 months. \n\n\n  The Foster City, Calif., biopharmaceutical company posted roughly flat sales of $48.0 million, below the $50.4 million analysts were expecting. \n\n\n  It had an adjusted loss of 5 cents a share, while analysts had been projecting a loss of 3 cents a share. \n\n\n  Costs continued to rise for Geron as well. The company cut a third of its workforce in December as part of a restructuring effort. Expenses increased to $75.8 million from $67.6 million the year before. \n\n\n  Geron expects revenue will be $220 million to $240 million for this year, missing analysts' guidance of $242.6 million. \n\n\n \n\n\n  Write to Katherine Hamilton at katherine.hamilton@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 25, 2026 13:34 ET (18:34 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"-1","news_tag":"dataReport","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}