earnings
confidence high
sentiment neutral
materiality 0.70
Outlook Therapeutics Q1 loss widens to $18.7M; PDUFA goal date August 29, 2023
Outlook Therapeutics, Inc.
2023-Q1 EPS reported
-$0.08
- Net loss $18.7M ($0.08/share) vs $14.5M ($0.08) in Q1 fiscal 2022.
- Cash and equivalents $52.3M; raised $24M equity and $30M convertible note in Dec 2022.
- FDA PDUFA goal date for ONS-5010 (wet AMD) set for August 29, 2023.
- Pre-launch commercial activities underway; partnership with AmerisourceBergen.
- EMA MAA accepted for ONS-5010; decision expected early 2024.