earnings
confidence high
sentiment neutral
materiality 0.65
Reneo Q2 net loss $12.3M; positive LC-FAOD results; STRIDE enrollment two-thirds
OnKure Therapeutics, Inc.
2022-Q2 EPS reported
-$1.04
- Net loss $12.3M ($0.50/share) vs $9.2M ($0.43/share) in Q2 2021.
- Cash, cash equivalents, and short-term investments ~$127M as of June 30, 2022.
- R&D expenses $8.1M (up $1.8M YoY); G&A $4.3M (up $1.4M).
- Positive results from REN001 Phase 1b LC-FAOD study; plan to meet regulators.
- STRIDE pivotal PMM study enrollment two-thirds complete; on track for year-end 2022.