earnings
confidence high
sentiment neutral
materiality 0.65
Aclaris Q3 net loss $29.3M, revenue $9.3M; zunsemetinib RA data due Nov 2023
Aclaris Therapeutics, Inc.
2023-Q3 EPS reported
-$1.25
revenue$13,679,000
- Net loss of $29.3M for Q3 2023 compared to $20.0M in Q3 2022.
- Total revenue $9.3M, down from $19.0M due to prior year Lilly payment.
- Cash and securities $187.0M as of Sept 30, 2023; sufficient through end of 2025.
- Zunsemetinib Phase 2b RA topline data expected November 2023.
- ATI-1777 Phase 2b AD data expected around year-end 2023.