earnings
confidence high
sentiment neutral
materiality 0.75
Agios Q4 net loss $95.9M; positive mitapivat Phase 3 for NTD thalassemia
AGIOS PHARMACEUTICALS, INC.
2023-FY EPS reported
-$6.33
revenue$26,823,000
- Q4 PYRUKYND US net revenue $7.1M (down 4% QoQ); full year 2023 $26.8M.
- Net loss $95.9M in Q4 vs net income $36.5M in Q4 2022; full year loss $352.1M.
- Positive Phase 3 ENERGIZE study in non-transfusion-dependent thalassemia met primary endpoint.
- Cash & equivalents $806.4M; company expects runway into 2026.
- Pipeline milestones: ENERGIZE-T data mid-2024; FDA filing for mitapivat in thalassemia end-2024.