earnings
confidence high
sentiment neutral
materiality 0.55
Pulmatrix reports FY2022 revenue $6.1M, net loss $18.8M; cash $35.6M into Q2 2024
Pulmatrix, Inc.
- Revenue $6.1M (+$0.9M YoY); net loss $18.8M vs $20.2M; EPS -$5.46 vs -$8.63.
- Cash $35.6M at Dec 31, 2022; runway into Q2 2024.
- PUR1900 Phase 2b in ABPA dosed first patients in Q1 2023; topline data expected mid-2024.
- PUR3100 Phase 1 for acute migraine positive: lower nausea vs IV DHE; plans for Phase 2.
- PUR1800 Phase 1b data presented; analysis ongoing for potential Phase 2 study.