earnings
confidence high
sentiment positive
materiality 0.65
ImmunityBio Q3 product revenue $6.0M, net loss narrows; ANKTIVA J-code set for Jan 2025
ImmunityBio, Inc.
2024-Q3 EPS reported
-$0.53
revenue$7,193,000
- Net product revenue of $6.0M from ANKTIVA launch in Q3, up from $1.0M in Q2; diluted EPS -$0.14 vs -$0.19 YoY.
- Permanent J-code for ANKTIVA issued, effective Jan 1, 2025; medical coverage for over 200M lives secured.
- MAA submitted to UK MHRA for ANKTIVA; EU submission planned in Q4 2024, covering 30 countries.
- Cash and marketable securities $130.4M as of Sept 30; net loss attributable to stockholders -$85.7M vs -$95.6M YoY.
- ANKTIVA shelf life extended to 3 years; over 125,000 doses available for market and trials.