Calidi Biotherapeutics (NYSE:CLDI) Announces Quarterly Earnings Results, Beats Expectations By $0.20 EPS

Calidi Biotherapeutics (NYSE:CLDI) announced its quarterly earnings data on Tuesday. The company reported ($0.65) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.85) by $0.20, Zacks reports.

Calidi Biotherapeutics Stock Down 39.6 %

NYSE:CLDI traded down $1.34 during trading hours on Thursday, hitting $2.04. 8,500,418 shares of the company were exchanged, compared to its average volume of 420,840. The business’s fifty day moving average is $1.23. Calidi Biotherapeutics has a one year low of $0.73 and a one year high of $26.30.

About Calidi Biotherapeutics

Calidi Biotherapeutics, Inc, a clinical stage immuno-oncology company, engages in developing allogeneic stem cell-based platforms to potentiate and deliver oncolytic viruses to cancer patients in the United States. Its product pipeline comprising CLD-101, which is in phase 1b clinical trial for the treatment of high grade glioma; CLD-101, which is in phase 1 clinical trial for the treatment of recurrent high grade glioma; CLD-201, which is in preclinical trial for the treatment of advanced solid tumors, such as triple-negative breast cancer, metastatic/unresectable melanoma, head and neck squamous cell carcinoma, advanced soft tissue sarcoma, and advanced basal cell carcinoma; and CLD-400, which is in preclinical trial for the treatment of lung cancer and metastatic solid tumors.