earnings
confidence high
sentiment positive
materiality 0.75
Wave Life Sciences Q2 net loss $32.9M; positive HD data with up to 46% mHTT reduction; cash $154M into Q4 2025
Wave Life Sciences Ltd.
2024-Q2 EPS reported
-$0.50
revenue$32,230,000
- Q2 net loss $32.9M vs $21.1M YoY; revenue $19.7M vs $22.1M; cash $154M, sufficient into Q4 2025.
- SELECT-HD: WVE-003 reduced mutant HTT up to 46%, statistically significant; slowing caudate atrophy; Takeda opt-in submitted.
- DMD: FORWARD-53 dystrophin data expected 3Q2024; WVE-N531 previously showed 53% exon skipping.
- AATD: RestorAATion-2 dosing initiated; proof-of-mechanism data expected 4Q2024.
- Obesity: WVE-007 FIH study expected Q1 2025; preclinical data at R&D Day Fall 2024.