Athersys reports Q4 EPS (83c) vs. ($2.29) last year

Reports Q4 revenue $100,000 vs. $700,000 last year. "Last year was a transformative year for Athersys that required us to evaluate every aspect of our business," said Dan Camardo, CEO of Athersys. "We have worked diligently to reduce the company’s historically large cash burn while prioritizing areas where we can deliver the highest value to patients and shareholders. With a leaner organization, key management and board appointments, and reduced expenses, we entered 2023 in a far stronger position."