earnings
confidence high
sentiment neutral
materiality 0.60
Cue Biopharma Q4 2024 net loss narrows to $9.5M; cash at $22.5M; pipeline pivots to autoimmune
Cue Biopharma, Inc.
2025-Q1 EPS
reported -$0.17
vs consensus -$4.65
▲ beat
(+96.3%)
- Net loss of $9.5M in Q4 2024 ($0.13/share) vs $13.4M in Q4 2023; full year net loss $40.7M.
- Collaboration revenue $1.6M in Q4 vs $1.8M a year ago; full year rev $9.3M from Ono Pharma deal.
- R&D spend cut to $7.2M (Q4) from $10.9M; cash and equivalents $22.5M as of Dec 31, 2024.
- Regained worldwide rights to CUE-401 (autoimmune lead); prioritizing autoimmune over oncology.
- Appointed Lucinda Warren (CBO), Dr. Daniel Baker (Interim CDO), Dr. Pasha Sarraf (Board).