Celcuity Inc reports results for the quarter ended December 31 - Earnings Summary
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Celcuity Inc reported a quarterly adjusted loss of 85 cents per share for the quarter ended December 31, compared to a loss of 65 cents in the same quarter last year. The loss was worse than the analysts' expectation of 71 cents. The company reported zero revenue and a total loss of $36.65 million. Celcuity's shares fell by 21.8% this quarter. Despite this, the average analyst rating remains a "buy" with a median 12-month price target of $28.50.
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