earnings
confidence high
sentiment neutral
materiality 0.75
Aurinia Q3 revenue $14.7M (+122% QoQ); net loss $50.3M; LUPKYNIS PSF conversion >68%
Aurinia Pharmaceuticals Inc.
2021-Q3 EPS reported
-$1.15
revenue$22,201,000
- Net revenue $14.7M vs $29K in Q3 2020; net loss $50.3M ($0.39 per share) vs $42.1M loss a year ago.
- Cash and investments $286.4M; 2021 revenue guidance maintained at $40-50M.
- LUPKYNIS PSFs totaled 412 in Q3; cumulative >1,265; conversion rate improved to >68% from 50% in Q2.
- Payer coverage confirmed for 87% of total lives; two preclinical assets AUR200 and AUR300 added.
- AURORA 2 final results expected by end of 2021; Swiss MAA filed; EMA decision anticipated Q3 2022.