earnings
confidence high
sentiment neutral
materiality 0.55
Immunic Q2 2023 net loss $24.0M; cash $77.3M funds into Q4 2024
IMMUNIC, INC.
2023-Q2 EPS reported
-$1.12
- Net loss of $24.0M ($0.54/share) vs $21.9M ($0.72/share) in Q2 2022.
- Cash, cash equivalents and investments at $77.3M as of June 30, 2023.
- R&D expenses $21.2M, up from $16.5M YoY, driven by MS and IMU-856 programs.
- Interim CALLIPER trial data in progressive MS expected fall 2023; ENSURE top-line late 2024.
- Positive Phase 1b IMU-856 data in celiac disease; Phase 2 in active celiac being prepared.