earnings
confidence high
sentiment neutral
materiality 0.60
Aura Biosciences reports Q2 2024 net loss of $20.3M; cash $187.4M into H2 2026
Aura Biosciences, Inc.
2024-Q2 EPS reported
-$0.81
- Net loss of $20.3M in Q2 2024 vs $18.3M in Q2 2023; R&D spend $16.9M, G&A $5.9M.
- Cash and marketable securities $187.4M as of June 30, 2024; expected to fund operations into H2 2026.
- Phase 3 CoMpass trial for small choroidal melanoma continues enrollment globally; target ~100 patients.
- Early NMIBC Phase 1 data expected at virtual urologic oncology event in October 2024.
- Phase 2 end-of-study data in small choroidal melanoma at Retina Society Annual Meeting Sept 2024.