earnings
confidence high
sentiment positive
materiality 0.75
Cue Biopharma Q3 net loss narrows to $8.7M; CUE-101 combo shows 46% ORR in HPV+ HNSCC
Cue Biopharma, Inc.
2024-Q3 EPS reported
-$0.62
revenue$7,711,000
- Net loss of $8.7M ($0.17 per share) vs $11.0M loss ($0.24) in Q3 2023; collaboration revenue rose to $3.3M.
- Cash $32.4M, expected to fund operations into Q4 2025; $12M public offering priced in quarter.
- CUE-101 + KEYTRUDA Phase 1 data: 46% ORR, 91.3% 12-month OS, 21.8-month mOS in 1L HPV+ HNSCC.
- CUE-102 monotherapy: 67% DCR in late-stage pancreatic cancer; favorable tolerability with no DLTs.
- Appointed Lucinda Warren as Chief Business Officer; preclinical autoimmune programs advancing.