Champions Oncology Rallies 11% Pre-Bell on Improved Fiscal Q1 Results (NASDAQ:CSBR)


Champions Oncology (NASDAQ:CSBR) shares were 11% higher in Friday’s pre-market session after the company reported a fiscal Q1 adjusted net loss of $0.15 per share, which came in narrower than the $0.24 loss per share in the prior year period Total revenues for the quarter ended July 31 were $3.7 million, up from $2.8 million reported for the same period last year. The company expects full year 2017 revenues to range from $16 million to $18 million. Analyst estimates were not available for comparison.

The stock decreased 1.18% or $0.02 on September 13, hitting $1.67. About 59,499 shares traded hands. Champions Oncology Inc (NASDAQ:CSBR) has declined 54.57% since February 8, 2016 and is downtrending. It has underperformed by 71.06% the S&P500.

Champions Oncology, Inc. is engaged in the development and sale of technology solutions and products to personalize the development and use of oncology drugs. The company has a market cap of $17.59 million. The Firm has two business divisions: Personalized Oncology Solutions and Translational Oncology Solutions (TOS). It currently has negative earnings. The POS segment provides physicians and patients information to help guide the development of personalized treatment plans.

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