earnings
confidence high
sentiment neutral
materiality 0.60
Hookipa Q3 net loss narrows to $13.8M; cash $60M; Phase 2 eseba-vec enrollment complete (68 pts)
HOOKIPA Pharma Inc.
2024-Q3 EPS
reported -$1.48
vs consensus -$1.30
▼ miss
(-13.5%)
- Net loss $13.8M vs $19.1M YoY; revenue $4.7M (down from $6.9M) on Roche collaboration termination.
- Cash $60.0M at Sep 30, 2024 (from $117.5M Dec 2023); received $5M milestone from Gilead for HB-500 dosing.
- Phase 2 eseba-vec + pembrolizumab in HPV+ HNSCC enrolled 68 patients ahead of schedule; updated data at SITC 2024.
- First patients dosed in MSKCC Investigator Initiated Trial of eseba-vec as adjuvant therapy for HNSCC.
- Leadership: Malte Peters appointed CEO, Terry Coelho CFO in July; reverse stock split effected 1:10.