earnings
confidence high
sentiment positive
materiality 0.65
RenovoRx reports first RenovoCath revenue of $43k in Q4 2024; TIGeR-PaC trial 79% enrolled
RenovoRx, Inc.
2025-Q1 EPS reported
-$0.08
revenue$197,000
- First commercial RenovoCath revenue ~$43k in Q4 2024; sequential growth expected in 2025.
- TIGeR-PaC trial: 90 of 114 patients randomized; 50 of 86 events; 2nd interim analysis at 52nd event expected Q2 2025.
- Cash $7.2M at 2024 year-end; $10.9M net raised in Feb 2025 public offering.
- Net loss $8.8M in 2024 vs $10.2M in 2023; R&D $6.0M, SG&A $5.0M.
- Shares outstanding 36.5M as of March 25, 2025.