earnings
confidence high
sentiment negative
materiality 0.75
REGENXBIO Q2 net loss $72.1M ($1.66/sh); revenue $20M; RGX-121 enrollment complete
REGENXBIO Inc.
2023-Q2 EPS reported
-$3.19
revenue$39,115,000
- Net loss widened to $72.1M vs $68.2M YoY; diluted EPS -$1.66.
- Revenue fell to $20.0M from $32.6M; Zolgensma royalty revenue down to $19.0M.
- Cash, equivalents and marketable securities $415.4M; runway into 2025.
- Completed enrollment (10 patients) in Phase III CAMPSIITE trial for RGX-121; BLA filing planned 2024.
- ABBV-RGX-314 suprachoroidal dose level 3 with short-course steroids showed zero intraocular inflammation (N=39).