earnings
confidence high
sentiment positive
materiality 0.80
Neurogene Q3 2025: $21M net loss; NGN-401 gene therapy shows 35 skill acquisitions, registrational trial started
Neurogene Inc.
2025-Q3 EPS
reported -$3.11
vs consensus -$1.27
▼ miss
(-143.9%)
- Net loss of $21.0M for Q3 2025 vs $20.2M in Q3 2024; R&D expenses $17.2M, G&A $6.6M.
- Positive interim Phase 1/2 data: 35 developmental milestones/skills acquired across 8 pediatric participants; durable CGI-I gains.
- First participant dosed in Embolden registrational trial for Rett syndrome; enrollment expected in 3-6 months.
- Cash, equivalents, investments of $265.4M as of Sep 30, 2025; runway through Q1 2028.
- Preclinical data showed ICV delivery superior to IT-L for AAV biodistribution in key brain regions.