Enzo Biochem Q1 Loss Declines

(RTTNews) - Enzo Biochem (ENZ) reported Loss for first quarter that decreased from the same period last year

The company's bottom line came in at -$3.38 million, or -$0.07 per share. This compares with -$6.62 million, or -$0.13 per share, in last year's first quarter.

Excluding items, Enzo Biochem reported adjusted earnings of -$2.53 million or -$0.05 per share for the period.

The company's revenue for the quarter fell 20.5% to $6.21 million from $7.81 million last year.

Enzo Biochem earnings at a glance (GAAP) :

-Earnings (Q1): -$3.38 Mln. vs. -$6.62 Mln. last year. -EPS (Q1): -$0.07 vs. -$0.13 last year. -Revenue (Q1): $6.21 Mln vs. $7.81 Mln last year.