earnings
confidence high
sentiment neutral
materiality 0.75
Ocular Therapeutix Q3 net loss $36.5M; SOL-1 topline data expected Q4 2025
OCULAR THERAPEUTIX, INC
2024-Q3 EPS reported
-$0.94
revenue$46,641,000
- Net loss of $36.5M ($0.22 diluted EPS) vs $0.5M loss in Q3 2023; R&D spend jumped to $37.1M.
- Total net revenue $15.4M (+2.3% YoY); DEXTENZA full-year 2024 revenue guided $62-67M.
- Cash $427.2M as of Sep 30, 2024, expected to fund operations into 2028.
- SOL-1 fully randomized by YE 2024 (accelerated); topline data now expected Q4 2025.
- SOL-R trial open for direct enrollment after FDA Type C response; NDA support confirmed.