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CURAS — Curasight A/S News Story

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Denmark's Curasight Q2 loss narrows

Denmark's Curasight Q2 loss narrows


Overview

  • Danish radiopharmaceutical developer's Q2 net loss and loss per share narrowed yr/yr

  • Company reported encouraging preliminary Phase 1 uTREAT data in glioblastoma

  • Curasight raised DKK 20 mln in a directed share issue to strengthen finances


Outlook

  • Company expects topline Phase 1 uTREAT data in glioblastoma in H1 2027

  • Curasight expects Phase 2 uTRACE prostate cancer data in H1 2027

  • Company says timeline updates reflect uncertainty in patient enrollment


Result Drivers

  • GROSS LOSS - Co's gross loss reduced significantly yr/yr to DKK 9.8 mln from DKK 17.7 mln

  • FUNDRAISING - DKK 20 mln raised via directed share issue strengthened financial position


Company press release: ID:nWkr6GgTm7


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q2 Loss Per Share

DKK 0.24

Q2 Net Loss

DKK 11.43 mln

Q2 Operating Income

-DKK 11.49 mln

Q2 Pretax Loss

DKK 12.80 mln


Reuters Recommended Reads

  • Aug 26 - Sweden's Cereno Scientific Q2 net loss widens, hurt by clinical development costs

  • Aug 26 - Sweden's Modus Therapeutics narrows Q2 net loss, extends financing

  • Aug 25 - Molecular Partners H1 net loss narrows on lower R&D expenses


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@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.)

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