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Cellectar Biosciences Inc.  (CLRB)
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Existing expenditures were building up at the company in the second quarter of 2022 earnings season

company delivered second quarter of 2022 operating loss of $-7.435524 millions

Published 2022-08-07T18:23:47-04:00
Goran Soko / CSIMarket.com Contributer

pills_rapid_release_pills_By_Katy_Warner_from_Orlando_FL_USA_[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_Commons The shareholders have not assumed some changes at the business all over the earnings season of the April to June 30 2022 at the CLRB. However, they observe the company's operating loss which came in at $-7.435524 millions, in the same period.

The operating loss has worsened from $-6.028689 millions, from the second quarter of 2021. But more importantly, the market participants are wondering, when the Cellectar Biosciences Inc.s' could start to show the revenue.


The crucial take away from second quarter of 2022 earnings season, beside the deficiency in revenue, is a $-7.435 millions net deficit, which has enlarged considerably from $-6.028 millions, compared to the comparable period a year before.


Cellectar Biosciences Inc. is expected to report next financial results on November 07, 2022.


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Other CLRB's Earnings Reports

Cellectar Biosciences reported third quarter 2022 earnings

Cellectar Biosciences reported second quarter 2021 earnings

Cellectar Biosciences reported first quarter 2021 earnings

       
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