earnings
confidence high
sentiment neutral
materiality 0.65
Nautilus Biotechnology Q3 net loss $15.9M, op ex up 21% YoY to $19.1M
Nautilus Biotechnology, Inc.
2023-Q3 EPS reported
-$0.37
- Net loss of $15.9M for Q3 2023 vs. $14.1M in Q3 2022.
- Operating expenses rose 21% YoY to $19.1M, driven by increased headcount for product development.
- Cash, cash equivalents and investments totaled $275.7M as of Sept. 30, 2023.
- Company reiterates focus on commercial platform launch in 2024.