earnings
confidence high
sentiment positive
materiality 0.75
Shattuck reports Q3 net loss $27.5M; SL-172154 PROC ORR ~27% vs 4% benchmark
Shattuck Labs, Inc.
2023-Q3 EPS reported
-$1.64
revenue$943,000
- Net loss of $27.5M ($0.65/share) for Q3 2023 vs $24.6M ($0.58/share) a year ago.
- Cash and investments $101.1M as of Sep 30, 2023, sufficient to fund operations through 2024.
- SL-172154 + PLD in PROC: 3 partial responses out of 11 evaluable patients (27% ORR), acceptable safety.
- Topline data from Phase 1A/B in R/R AML/HR-MDS to be presented at ASH Dec 2023; abstract shows monotherapy response.
- Expect to complete enrollment in PROC expansion and frontline HR-MDS cohorts in Q4 2023.