earnings
confidence high
sentiment positive
materiality 0.60
Arcturus Q1 net loss narrows to $14.1M; cash runway extends into 2028
Arcturus Therapeutics Holdings Inc.
2025-Q1 EPS reported
-$0.52
revenue$29,382,000
- Net loss $14.1M ($0.52/diluted share) vs $26.8M ($1.00) a year ago; revenue $29.4M down 23% YoY.
- Cash, equivalents and restricted cash $273.8M at March 31, 2025; runway extended into 2028 via resource re-allocation.
- Received initial EU approval milestone payment from CSL Seqirus for KOSTAIVE COVID-19 vaccine.
- ARCT-032 (CF) Phase 2 interim data from first two cohorts expected mid-2025; enrollment to complete by year-end.
- ARCT-810 (OTC) Phase 2 interim data expected Q2 2025; FDA Fast Track granted for H5N1 vaccine ARCT-2304.