earnings
confidence high
sentiment neutral
materiality 0.60
Enanta reports FY2024 revenue $67.6M, net loss $116M; RSV & immunology pipelines advance
ENANTA PHARMACEUTICALS INC
2024-FY EPS reported
-$5.48
revenue$67,635,000
- Q4 revenue $14.6M (down 23% YoY); full-year $67.6M vs $79.2M due to lower MAVYRET royalties.
- Net loss Q4 $28.8M ($1.36/shr); full-year $116.0M ($5.48/shr) vs $133.8M prior year.
- Cash & securities $248.2M at Sept 30, 2024; runway expected into fiscal 2027.
- RSVPEDs zelicapavir Phase 2 topline data due December 2024; EDP-323 Phase 2a met endpoints (p<0.0001).
- Immunology expansion: KIT inhibitor EPS-1421 nominated; new STAT6 discovery program initiated.