earnings
confidence high
sentiment negative
materiality 0.75
Citius Oncology reports wider Q1 net loss of $6.7M; engaged Jefferies for strategic alternatives
CITIUS ONCOLOGY, INC.
2025-Q1 EPS reported
-$0.09
- Net loss of $6.7M ($0.09/share) vs $4.7M ($0.07) in Q1 fiscal 2024.
- G&A expenses rose to $3.3M from $1.5M on pre-commercial launch costs for LYMPHIR.
- Engaged Jefferies as exclusive financial advisor to evaluate strategic alternatives; active discussions underway.
- Received permanent J-code J9161 for LYMPHIR effective April 1, 2025; launch on track for H1 2025.
- R&D expenses were $1.3M, up from $1.2M, supporting two investigator-initiated trials.