earnings
confidence high
sentiment neutral
materiality 0.60
Arcturus Q1 net loss $51.2M ($1.94/share); ARCT-154 booster shows 54-fold Omicron BA.1 response
Arcturus Therapeutics Holdings Inc.
2023-Q1 EPS reported
-$1.94
revenue$5,244,000
- Q1 2022 revenue $5.2M (up from $2.1M YoY); operating expenses $55.6M; net loss $51.2M.
- Cash $319.7M at March 31, 2022; expected to fund operations into late 2023.
- ARCT-154 booster data: 54-fold and 46-fold GMFR against Omicron BA.1 and BA.2 at Day 29.
- Primary vaccine efficacy 95.3% against severe COVID-19; 55% overall; 98.4% seroconversion.
- ARCT-810 Phase 2 OTC deficiency trial to start Q2 2022; ARCT-032 cystic fibrosis CTA filing on track for Q3 2022.