earnings
confidence high
sentiment neutral
materiality 0.65
Replimune Q2 FY2024 net loss $60M; cash $496.8M; RP1 data and new CFO announced
Replimune Group, Inc.
2024-Q2 EPS reported
-$1.65
- Net loss of $60.0M for Q2 ended Sep 30, 2023, compared to $43.1M loss a year ago.
- Cash, equivalents & short-term investments $496.8M as of Sep 30, 2023; funds operations into H2 2025.
- R&D expenses $49.1M (up from $28.8M) driven by clinical and manufacturing costs for lead programs.
- Appointed Emily Hill as CFO; she was previously CFO of PTC Therapeutics.
- Topline CERPASS trial data and initial IGNYTE melanoma snapshot expected in early December 2023.