earnings
confidence high
sentiment neutral
materiality 0.65
Vaxcyte reports Q4 2024 net loss of $137.1M; cash $3.13B; VAX-31 Phase 3 on track for mid-2025
Vaxcyte, Inc.
2024-FY EPS reported
-$3.80
- Net loss Q4 2024: $137.1M; full year 2024: $463.9M vs $402.3M in 2023.
- Cash, cash equivalents and investments: $3.13B at Dec 31, 2024, up from $1.24B a year ago.
- R&D expenses $133.6M in Q4; $476.6M for full year on increased PCV program activities.
- VAX-31 adult Phase 3 pivotal study expected to start by mid-2025 with topline data in 2026.
- VAX-24 infant Phase 2 primary immunization topline data expected by end of Q1 2025.