earnings
confidence high
sentiment neutral
materiality 0.60
Viking Q3 net loss $0.17/share; cash $216M; VK2809 VOYAGE trial ongoing
Viking Therapeutics, Inc.
2022-Q3 EPS reported
-$0.55
- Net loss of $13.2M ($0.17 per share) in Q3 2021 vs $9.3M ($0.13) in Q3 2020.
- Cash, cash equivalents and short-term investments of $216.1M as of Sept 30, 2021 ($248.4M at Dec 31, 2020).
- Phase 2b VOYAGE trial for VK2809 (NASH) enrolling; initial data expected in 2022.
- Phase 1b trial of VK0214 in X-ALD (AMN) underway; top-line results expected in 2022.
- Preclinical dual GLP-1/GIP agonists showed up to 27% body weight reduction; clinical development planned.