earnings
confidence high
sentiment positive
materiality 0.75
Immunic reports Q1 net loss $32.6M; cash $186.6M; Phase 3 MS data by end-2026
IMMUNIC, INC.
2026-Q1 EPS
reported -$1.08
vs consensus -$0.93
▼ miss
(-16.0%)
- Net loss $32.6M ($1.08/share) vs $25.5M ($2.51/share) YoY; R&D expenses $25.6M.
- Closed $200M private placement (up to $400M) in Feb 2026; cash $186.6M funds into late 2027.
- Appointed Michael Panzara, M.D., as CMO; initiated CEO search with commercial neurology expertise.
- Phase 3 ENSURE RMS top-line data expected by end 2026; NDA submission planned mid-2027.
- Key European patent granted for vidofludimus calcium with potential exclusivity into 2043.