earnings
confidence high
sentiment neutral
materiality 0.75
Arcturus Q2 revenue $27.1M, net loss $0.82/share; ARCT-154 booster shows durable Omicron response
Arcturus Therapeutics Holdings Inc.
2022-Q2 EPS reported
-$2.75
revenue$32,337,000
- Revenue $27.1M (vs $2.0M Q2 2021); net loss $21.6M ($0.82/sh) improved from $54.6M ($2.07/sh) year ago.
- ARCT-154 booster: 44-fold (BA.1) and 39-fold (BA.2) neutralizing antibody GMFR at Day 91.
- ARCT-810 gets EU Orphan Medicinal Product Designation for OTC deficiency; Phase 2 study enrolling.
- ARCT-154 EUA in Vietnam delayed to Q4 2022; registrational booster study expected Q4 2022.
- Cash $283.5M at June 30, down from $370.5M at Dec 2021; expected to fund ops into late 2023.