earnings
confidence high
sentiment neutral
materiality 0.60
4DMT reports Q3 2024 net loss $43.8M, cash $551M; 4D-150 Phase 3 on track for Q1 2025
4D Molecular Therapeutics, Inc.
2024-Q3 EPS reported
-$2.08
revenue$36,000
- Net loss $43.8M (vs $10.3M Q3 2023); R&D expense $38.5M (vs $25.1M) on trial progression.
- Cash & equivalents $551M; expected to fund operations at least into H1 2027.
- Positive 4D-150 interim data: 83% injection reduction in severe population; 70-87% 52-week injection-free rate.
- 4FRONT-1 Phase 3 trial for 4D-150 in wet AMD initiation expected Q1 2025.
- New senior hires: Dhaval Desai (CDO), Christopher Simms (CCO), Carlos Quezada-Ruiz (SVP Ophthalmology).