earnings
confidence high
sentiment positive
materiality 0.70
Kiniksa posts Q2 ARCALYST revenue of $7.7M; net loss $41.6M; guides Q3 rev $9-10M
Kiniksa Pharmaceuticals International, plc
2022-Q2 EPS reported
-$1.33
revenue$7,704,000
- ARCALYST net revenue $7.7M in first quarter of sales (April 1 launch); >100 physicians prescribed in Q2.
- Net loss $41.6M vs $37.5M YoY; operating expenses $48.3M (incl $5.7M stock comp).
- Cash and investments $225.9M, no debt; expects to fund operations into 2023.
- Q3 2021 ARCALYST revenue guidance $9-10M; pipeline: mavrilimumab Ph3 data Q1 2022, KPL-404 Ph2 start Q4 2021.