earnings
confidence high
sentiment neutral
materiality 0.75
FibroGen Q2 loss narrows to $13.7M; China sale to AstraZeneca now ~$210M, cash runway into 2028
KYNTRA BIO, INC.
2025-Q2 EPS
reported -$0.73
vs consensus -$2.35
▲ beat
(+69.0%)
- Net loss from continuing ops $13.7M ($3.38/sh) vs $47.1M loss ($11.79/sh) in Q2 2024; revenue $1.3M.
- Sale of FibroGen China to AstraZeneca now ~$210M total consideration (up $50M), including ~$125M net cash; close expected Q3 2025.
- Cash runway extended into 2028 upon China sale close; Q2 consolidated cash $142.1M.
- Agreed with FDA on pivotal Phase 3 design for roxadustat in LR-MDS with high transfusion burden; protocol filing Q4 2025.
- Phase 2 monotherapy trial of FG-3246 in mCRPC expected to start Q3 2025; combo data from UCSF study expected Q4 2025.
item 2.02item 9.01