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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Celsion Corporation    CLSN

CELSION CORPORATION

(CLSN)
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CELSION CORP : Results of Operations and Financial Condition, Financial Statements and Exhibits (form 8-K)

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08/14/2020 | 09:24am EDT

Item 2.02 Results of Operations and Financial Condition.

On August 14, 2020, Celsion Corporation issued a press release reporting its financial results for the quarter ended June 30, 2020. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.

On August 7, 2020, Celsion Corporation announced it would hold a conference call on August 14, 2020 to discuss its financial results for the quarter ended June 30, 2020 and provide a business update. The conference call will also be broadcast live on the internet at http://www.celsion.com.

The information in this report, including the exhibit hereto, is being furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section or Sections 11 and 12(a)(2) of the Securities Act of 1933, as amended. Such information shall not be incorporated by reference into any filing with the Securities and Exchange Commission made by Celsion Corporation, whether made before or after the date hereof, regardless of any general incorporation language in such filing.

The press release contains forward-looking statements which involve certain risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Please refer to the cautionary note in the press release regarding these forward-looking statements.

Item 9.01 Financial Statements and Exhibits.




(d) Exhibits.



Exhibit
  No.     Description

 99.1       Press Release titled "Celsion Corporation Reports Second Quarter 2020
          Financial Results and Provides Business Update" issued by Celsion
          Corporation on August 14, 2020.

© Edgar Online, source Glimpses


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Financials (USD)
Sales 2020 0,51 M - -
Net income 2020 -19,8 M - -
Net Debt 2020 - - -
P/E ratio 2020 -0,84x
Yield 2020 -
Capitalization 20,2 M 20,2 M -
Capi. / Sales 2020 40,1x
Capi. / Sales 2021 81,0x
Nbr of Employees 29
Free-Float 98,6%
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Mean consensus OUTPERFORM
Number of Analysts 2
Average target price 4,00 $
Last Close Price 0,56 $
Spread / Highest target 615%
Spread / Average Target 615%
Spread / Lowest Target 615%
EPS Revisions
Managers
NameTitle
Michael H. Tardugno Chairman, President & Chief Executive Officer
Jeffrey Wayne Church CFO, Secretary & SVP-Investor Relations
Nicholas Borys Chief Medical Officer & Senior Vice President
Khursheed Anwer Chief Scientific Officer & Executive VP
Pok Yu Chow Independent Director
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