earnings
confidence high
sentiment neutral
materiality 0.70
FibroGen Q3 loss of $91.7M; China roxadustat revenue up 29% YoY to $17.4M
KYNTRA BIO, INC.
2022-Q3 EPS reported
-$2.43
revenue$106,367,000
- Total revenue $15.7M vs $156.0M in Q3 2021, which included $120M Astellas milestone
- Net loss $91.7M ($0.98/sh) vs net income $49.8M ($0.54/sh) year ago
- China roxadustat net sales $59.0M (incl. JDE); volume growth >80% vs Q3 2021
- Completed MATTERHORN Phase 3 enrollment; topline data expected 1H 2023
- Non-dilutive royalty monetization with NovaQuest provides $50M; cash target $380-410M YE 2022