earnings
confidence high
sentiment neutral
materiality 0.78
Geron Q1: RYTELO revenue $39.4M; demand flat; EU approval granted for LR-MDS
GERON CORP
2025-Q1 EPS reported
-$0.03
revenue$39,603,000
- RYTELO net product revenue $39.4M in Q1 2025; demand up only 1% vs prior 13 weeks due to inventory drawdown.
- European Commission granted marketing authorization for RYTELO; launch in select EU countries planned for 2026.
- Phase 3 IMpactMF trial for R/R myelofibrosis ~85% enrolled; interim OS analysis expected 2H 2026.
- Net loss improved to $19.8M ($0.03/share) vs $55.4M ($0.09/share) in Q1 2024 on first product revenue.
- FY2025 total operating expense guidance maintained at $270M-$285M; cash $457.5M as of March 31.