earnings
confidence high
sentiment neutral
materiality 0.70
Syndax Q2 net loss $37.6M ($0.62/sh); on track for pivotal data in 1H23
Syndax Pharmaceuticals Inc
2022-Q2 EPS reported
-$1.25
- Cash $378.9M; net loss $37.6M ($0.62/sh) vs $22.9M ($0.44/sh) year ago.
- R&D expenses $29.7M (up from $16.9M); G&A $8.0M (up from $5.8M).
- On track to report topline data from revumenib and axatilimab pivotal programs in 1H23.
- Updated revumenib Phase 1 data expected 4Q22; axatilimab IPF trial start in 4Q22.
- Appointed Keith A. Goldan as CFO in June 2022.