earnings
confidence high
sentiment neutral
materiality 0.65
Kiniksa reports Q3 ARCALYST net revenue of $12.1M; net loss narrows to $30.5M
Kiniksa Pharmaceuticals International, plc
2022-Q3 EPS reported
-$1.78
revenue$19,799,000
- ARCALYST net revenue $12.1M in Q3 2021; Q4 2021 revenue guided to $16-17M.
- Net loss of $30.5M improved from $43.8M in Q3 2020; operating expenses $42.8M.
- Cash and investments $200.2M, no debt; cash expected to fund operations into 2023.
- Mavrilimumab Phase 3 in COVID-19 ARDS data expected Q1 2022; vixarelimab Phase 2b data in prurigo nodularis expected 2H 2022.
- Over 200 physicians prescribed ARCALYST for recurrent pericarditis since approval; >190M lives covered.