earnings
confidence high
sentiment negative
materiality 0.70
Rafael Holdings Q2 net loss $4.6M vs prior year net income; merger with Cyclo pending
Rafael Holdings, Inc.
2025-Q2 EPS reported
-$0.57
revenue$205,000
- Net loss of $4.6M ($0.19/sh) for Q2 ended Jan 31, 2025 vs net income of $6.0M ($0.25/sh) a year ago.
- Cash and equivalents at $48.3M as of January 31, 2025.
- Merger with Cyclo Therapeutics (CYTH) expected to close in Q3 fiscal 2025 pending shareholder approvals.
- Topline data from interim analysis (48 weeks) of Phase 3 Trappsol Cyclo for NPC1 expected mid-2025.
- R&D expenses rose to $0.9M from $0.6M due to consolidation of Cornerstone and Day Three.