earnings
confidence high
sentiment neutral
materiality 0.65
Lineage reports Q2 net loss of $6.8M ($0.04/sh); cash $72M supports through Q2 2024
Lineage Cell Therapeutics, Inc.
2022-Q2 EPS reported
-$0.08
revenue$9,790,000
- Revenue $4.6M, up $4.0M YoY, primarily from Roche collaboration licensing fee.
- Net loss attributable to Lineage $6.8M ($0.04/sh) vs $4.8M ($0.03/sh) in Q2 2021.
- R&D expenses $3.3M; G&A $5.3M; total operating expenses $8.6M.
- Cash, equivalents, and marketable securities $72M; funds operations through Q2 2024.
- OpRegen collaboration with Roche advancing; OPC1 results published in J Neurosurg; VAC2 tech transfer complete.