Overview
Oncology drug developer's Q4 net loss narrowed from prior year
Q4 R&D expenses fell due to lower clinical trial costs and fewer personnel expenses
Outlook
Company expects cash and equivalents to fund operations into Q1 2027
Result Drivers
LOWER R&D EXPENSES - Decrease in R&D costs attributed to reduced expenses for ACESOT-1051 and paused ABOYA-119 trials, as well as lower personnel costs
Company press release: ID:nGNXbzpYMG
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 EPS
-$0.32
Q4 Net Income
-$2.50 mln
Q4 Operating Income
-$2.60 mln
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the biotechnology & medical research peer group is "buy"
Wall Street's median 12-month price target for Aprea Therapeutics Inc is $5.00, about 579.3% above its March 13 closing price of $0.74
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(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.)