earnings
confidence high
sentiment neutral
materiality 0.70
Applied Therapeutics reports Q2 loss of $21.3M; advances CMT-SORD govorestat NDA meeting with FDA
Applied Therapeutics, Inc.
2025-Q2 EPS reported
-$0.30
- Net loss $21.3M ($0.15/share) vs net income $2.9M in Q2 2024; cash $30.4M down from $79.4M.
- FDA meeting scheduled Q3 2025 to discuss govorestat NDA submission for CMT-SORD.
- Launched free urine sorbitol assay in July 2025 to identify CMT-SORD patients.
- Out-licensed AT-001 to Biossil for upfront and milestone payments; promoted Bailey to CMO and Caplan to EVP.
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