Overview
Anebulo fiscal Q1 net loss remains at $2.2 mln, consistent with last year
Operating expenses for fiscal Q1 decreased slightly to $2.3 mln
Company advances selonabant for pediatric cannabis toxicity with NIDA grant support
Outlook
Anebulo expects FDA collaboration for pediatric cannabis toxicity treatment
Result Drivers
NIDA GRANT SUPPORT - Co received $994,300 from NIDA grant to support selonabant study
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q1 EPS
-$0.05
Q1 Net Income
-$2.20 mln
Q1 Basic EPS
-$0.05
Q1 Operating Expenses
$2.30 mln
Analyst Coverage
The one available analyst rating on the shares is "hold"
The average consensus recommendation for the biotechnology & medical research peer group is "buy."
Press Release: ID:nBwbS6VKa
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)