earnings
confidence high
sentiment neutral
materiality 0.75
Rocket Pharma Q1 net loss $62.1M; cash $330.3M; EMA accepted MAA for FA, PDUFA date June 30 for LAD-I
ROCKET PHARMACEUTICALS, INC.
2024-Q1 EPS reported
-$0.66
- Net loss of $62.1M ($0.66/sh) vs $58.3M ($0.73/sh) in Q1 2023; G&A rose to $22.1M on commercial prep.
- Cash and investments $330.3M as of March 31, 2024; expected operational runway into 2026.
- EMA accepted MAA for RP-L102 (Fanconi Anemia); BLA submission to FDA expected H1 2024.
- PDUFA date for KRESLADI (severe LAD-I) set for June 30, 2024; commercial preparations underway.
- Appointed Aaron Ondrey as CFO and Meg Dodge as VP of Investor Relations & Corporate Communications.