8-K
filed August 13, 2024, 7:59 PM ET
ticker MCRB
CIK 0001609809
earnings
confidence high
sentiment neutral
materiality 0.85
Seres Q2 net loss $32.9M; VOWST sales $14.4M (+43% QoQ); announces $175M asset sale to Nestlé
Seres Therapeutics, Inc.
2024-Q2 EPS reported
-$0.49
- Net loss $32.9M vs net income $46.6M in Q2 2023 (prior year included $125M VOWST milestone from Nestlé).
- VOWST Q2 net sales $14.4M, up 43% sequentially; Seres share of profit/loss was a $6.6M net loss.
- VOWST asset sale to SPN (Nestlé) provides $175M cash less ~$20M settlement; proceeds to retire Oaktree debt.
- SER-155 Phase 1b Cohort 2 placebo-controlled readout on track for September; SER-147 IND readiness H2 2025.
- Cash $71.2M at June 30; with deal proceeds expects runway into Q4 2025; without deal into Q4 2024.
Machine-readable event card
- schema_version
- secwatch.filing_event.v1
- accession
- 0001193125-24-199382
- form_type
- 8-K
- ticker
- MCRB
- cik
- 0001609809
- company_name
- Seres Therapeutics, Inc.
- filed_at
- 2024-08-13T23:59:59+00:00
- discovered_at
- 2026-05-14T18:03:13.764400+00:00
- generated_at
- 2026-05-31T09:43:21.078623+00:00
- sec_items
- ["2.02", "7.01", "9.01"]
- event_type
- earnings
- sentiment
- neutral
- materiality_score
- 0.85
- calibrated_materiality_score
- 0.85
- confidence
- high
- secwatch_canonical_url
- https://secwatch.observer/filing/0001193125-24-199382
- json_url
- https://secwatch.observer/filing/0001193125-24-199382.json
- markdown_url
- https://secwatch.observer/filing/0001193125-24-199382.md
- text_url
- https://secwatch.observer/filing/0001193125-24-199382.txt
- edgar_index_url
- https://www.sec.gov/Archives/edgar/data/1609809/000119312524199382/0001193125-24-199382-index.htm
- edgar_primary_document_url
- https://www.sec.gov/Archives/edgar/data/1609809/000119312524199382/d881755d8k.htm
- generated_by_model
- deepseek-v4-flash:cloud@v2
- review_status
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- human_reviewed
- false
- corrected
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- correction_note
- null
- correction_timestamp
- null
- superseded_by
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