earnings
confidence high
sentiment neutral
materiality 0.75
Verastem posts $11.2M Q3 product revenue, GAAP net loss $98.5M
Verastem, Inc.
2025-Q3 EPS reported
-$2.73
revenue$13,379,000
- AVMAPKI FAKZYNJA CO-PACK achieved $11.2 million net product revenue in first full quarter of launch.
- GAAP net loss $98.5M ($1.35/share) vs $24.0M ($0.60) YoY; non-GAAP adjusted net loss $39.4M ($0.54/share).
- Cash $137.7M; with product revenue and warrant exercises, runway into H2 2026.
- VS-7375 cleared 400 mg and 600 mg QD monotherapy with no DLTs; no nausea/vomiting/diarrhea >Grade 1.
- RAMP 301 (LGSOC) completed targeted enrollment of 270 patients early; IDMC recommended 29 additional patients.