earnings
confidence high
sentiment positive
materiality 0.75
Opus Genetics Q2 net loss narrows to $7.4M; FDA grants RMAT for OPGx-LCA5
Opus Genetics, Inc.
2025-Q2 EPS
reported -$0.32
vs consensus -$0.21
▼ miss
(-54.5%)
- Net loss $7.4M ($0.12/share) vs $7.8M ($0.30) in Q2 2024; revenue $2.9M from Viatris collaboration.
- FDA granted Regenerative Medicine Advanced Therapy (RMAT) designation for OPGx-LCA5 gene therapy.
- Positive 12-month adult and early pediatric data for OPGx-LCA5; 3-month pediatric data due Q3 2025.
- Phentolamine Phase 3 VEGA-3 (presbyopia) and LYNX-2 met primary endpoints; sNDA submission planned H2 2025.
- Cash $32.4M expected to fund operations into H2 2026; up to $3.6M non-dilutive funding secured for RDH12 and MERTK programs.