earnings
confidence high
sentiment negative
materiality 0.65
Longeveron Q2 net loss widens to $6.1M; cash $10.1M into Q4 2026; ELPIS II top-line Sept
Longeveron Inc.
2026-Q2 EPS reported
-$0.38
revenue$685,000
- Revenue flat at $0.3M; gross profit up 25% to ~$0.2M; G&A up 23% to $3.2M; R&D up 7% to $3.2M.
- Net loss $6.1M vs $5.0M YoY; cash $10.1M expected to fund into Q4 2026; seeks additional financing.
- ELPIS II Phase 2b top-line results for laromestrocel in HLHS expected September 2026; DMC no safety concerns.
- Selected as XPRIZE Healthspan Finalist; receives $1.0M Milestone 2 Award; eligible for up to $81M Grand Prize.
- Three new independent directors added to board; EMA SME status granted in June.