earnings
confidence high
sentiment neutral
materiality 0.60
BioCardia reports Q3 2024 net loss $1.7M; CardiAMP data expected Q1 2025
BioCardia, Inc.
- Net loss $1.7M for Q3 2024 vs $2.6M a year ago; R&D expenses fell to $931K from $1.9M.
- CardiAMP Heart Failure Trial data lock expected Q4 2024, top line results Q1 2025.
- FDA approved protocol amendment for confirmatory Heart Failure II Trial, expanding eligibility.
- Japan's PMDA consultation scheduled for late November 2024 regarding US data-based approval.
- Closed $7.2M upsized public offering in September 2024; FDA cleared steerable introducer sheath for commercial release.