earnings
confidence high
sentiment neutral
materiality 0.60
Arbutus Q3 net loss $19.7M; imdusiran/AB-101 data upcoming; cash into Q4 2026
Arbutus Biopharma Corp
2024-Q3 EPS reported
-$0.31
revenue$4,597,000
- Net loss $19.7M ($0.10 per share) vs $20.1M prior year; revenue fell to $1.3M from $4.7M on lower license and royalty income.
- Cash and investments $130.8M; 2024 cash burn expected $63M-$67M; runway into Q4 2026.
- Imdusiran HBsAg loss data from IM-PROVE I/II to be presented at AASLD Nov 2024; additional follow-up and nivolumab cohort data.
- AB-101 oral PD-L1 inhibitor advanced to Part 3 in cHBV patients; preliminary data expected H1 2025.
- LNP litigation vs Moderna trial set Sept 2025; Pfizer claim construction Dec 18, 2024; restructuring charge $3.6M.