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Fate Therapeutics Q2 results

Aug. 13, 2014 11:58 AM ETFate Therapeutics, Inc. (FATE) StockBy: Douglas W. House, SA News Editor
  • Fate Therapeutics (NASDAQ:FATE -11%) Q2 results: Revenues: $0; Net Loss: ($6.1M) (-9.6%); Loss Per Share: ($0.30) (+93.3%); Quick Assets: $42.0M (-22.2%).
  • Financial guidance: existing quick assets and net proceeds from the first tranche of the SVB debt facility will be sufficient to fund operations through 2015.

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