earnings
confidence high
sentiment neutral
materiality 0.70
COMPASS Pathways reports Q2 net loss of $21.0M, appoints Kabir Nath as CEO
COMPASS Pathways plc
2022-Q2 EPS reported
-$1.00
- Net loss for Q2 2022 was $21.0M ($0.50 loss per share) vs $17.5M ($0.44) in Q2 2021.
- Cash and cash equivalents of $207.2M at June 30, 2022, down from $273.2M at Dec 31, 2021.
- Kabir Nath appointed CEO; George Goldsmith remains Executive Chairman through Dec 2022.
- Phase 3 protocols for COMP360 in TRD submitted to FDA, under review; Phase 3 start expected Q4 2022.
- Phase 2 study of COMP360 in anorexia nervosa launched across four research sites in the UK and US.