earnings
confidence high
sentiment negative
materiality 0.60
Equillium Q2 net loss $14.1M (-$0.41/sh); cash $57.6M; clinical pipeline on track
Equillium, Inc.
2022-Q2 EPS reported
-$1.56
- Net loss $14.1M, or $(0.41) per share, vs $9.2M ($0.31) in Q2 2021; R&D spend $9.5M.
- Cash, cash equivalents and short-term investments $57.6M as of June 30, 2022.
- Phase 3 EQUATOR study of itolizumab in aGVHD continues enrollment; interim data from lupus nephritis study expected mid-2022.
- Phase 2 study of EQ101 in alopecia areata and Phase 1 study of EQ102 in celiac disease expected to initiate 2H 2022.