earnings
confidence high
sentiment neutral
materiality 0.70
Arcturus Q2 net loss widens to $52.6M; ARCT-154 NDA submitted in Japan
Arcturus Therapeutics Holdings Inc.
2023-Q2 EPS reported
-$0.07
revenue$90,804,000
- Q2 2023 revenue $10.5M vs $27.1M in Q2 2022; net loss $52.6M ($1.98 EPS) vs $21.6M loss ($0.82 EPS).
- Cash, equivalents and restricted cash $380.6M at June 30; cash runway extended through early 2026.
- ARCT-154 Phase 3 booster met primary endpoint; Meiji Seika Pharma submitted NDA in Japan.
- FDA granted Fast Track and Rare Pediatric Disease Designations for ARCT-810 (OTC deficiency).
- Regulatory approval received to start ARCT-032 Phase 1b study in cystic fibrosis patients.