Genta Incorporated Reports First Quarter 2012 Financial Results

Published: May 14, 2012

BERKELEY HEIGHTS, N.J., May 14, 2012 (GLOBE NEWSWIRE) -- Genta Incorporated (OTCBB:GNTA) today reported results for the quarter ended March 31, 2012. For the first quarter of 2012, the Company reported net income of $5.2 million, or $0.00 net income per basic and diluted share, compared with net income of $0.5 million, or $0.03 net income per basic share and $0.00 net income per diluted share, for the first quarter of 2011. As of May 11, 2012, the Company has approximately 2.4 billion outstanding shares of common stock.

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