earnings
confidence high
sentiment neutral
materiality 0.65
KalVista reports Q1 FY2024 net loss $25.3M; KONFIDENT phase 3 enrollment achieved
KalVista Pharmaceuticals, Inc.
2024-Q1 EPS reported
-$0.74
- Net loss $25.3M ($0.74/share) vs $23.0M ($0.94/share) in prior-year quarter.
- Cash, equivalents and marketable securities $123.3M vs $149.4M as of April 30, 2023.
- Phase 3 KONFIDENT trial for sebetralstat hit enrollment target of 114 patients; data readout on track for Q4 2023.
- NDA submission planned for H1 2024; Nicole Sweeny appointed Chief Commercial Officer.