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Omeros loss smaller than forecast

August 9, 2017

Omeros Corporation’s (NASDAQ:OMER)shares were rallying Wednesday, getting a boost following the company’s release of earnings after closing bell on Tuesday.

Positive components of the company’s quarterly results included a 71% increase in sales – to $17.2 million as units shipped jumped 113%.

The company lost 23 cents per share in the quarter, a 15 cent smaller loss than analysts were expecting, while revenue was $2.84 million higher.

Omeros stock was up almost 13% in afternoon trade.


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