earnings
confidence high
sentiment neutral
materiality 0.90
Iovance reports Q2 2025 earnings: $60M revenue, appoints new CFO, extends cash runway into Q4 2026
IOVANCE BIOTHERAPEUTICS, INC.
2025-Q2 EPS reported
-$0.69
revenue$109,276,000
- Q2 2025 total product revenue $60.0M (Amtagvi $54.1M, Proleukin $5.9M), net loss $111.7M.
- Reiterated FY2025 total product revenue guidance of $250M-$300M.
- Appointed Corleen Roche as CFO, effective after Q2 10-Q filing, replacing Matthew Rosinack.
- Strategic restructuring reduces workforce by 19%, generating over $100M annual savings, extending cash runway into Q4 2026.
- Over 100 patients treated with Amtagvi in Q2; network includes over 80 ATCs across 35 states.
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