earnings
confidence high
sentiment neutral
materiality 0.65
Clearside Biomedical Q2 net loss narrows to $7.6M; Phase 2b wet AMD trial on track for late Q3 data
Clearside Biomedical, Inc.
2024-Q2 EPS reported
-$0.27
revenue$320,000
- Net loss of $7.6M ($0.10/sh) vs $9.1M ($0.15/sh) in Q2 2023; license revenue $90,000.
- Phase 2b ODYSSEY topline data for wet AMD expected late Q3 2024; no drug-related SAEs observed.
- Cash and investments total $29.4M; company expects operations funded into Q3 2025.
- Arctic Vision reports positive Phase 3 ARCATUS results; NDAs accepted in Australia and Singapore.
- Tony Gibney appointed to Board; Dr. Glenn Yiu added to Scientific Advisory Board.