earnings
confidence high
sentiment negative
materiality 0.70
Syndax Q4 2022 net loss $39.2M; revumenib topline data expected Q3 2023
Syndax Pharmaceuticals Inc
2022-FY EPS reported
-$2.46
- Net loss of $39.2M ($0.62 per share) for Q4 2022 vs net gain of $96.2M ($1.81) in Q4 2021.
- Cash and investments $481.3M as of Dec 31, 2022; raised $162M from December stock offering.
- Revumenib topline data from AUGMENT-101 KMT2Ar cohort expected Q3 2023; NDA filing by year-end 2023.
- Axatilimab topline data from pivotal AGAVE-201 expected mid-2023; BLA filing by year-end 2023.
- Guidance: Full year 2023 total operating expenses $225-240M, R&D $160-175M.