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DMAC — DiaMedica Therapeutics News Story

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HealthcareAdventurousMid CapMomentum Trap

DiaMedica Therapeutics' Q3 net loss widens

Overview

DiaMedica Q3 net loss and EPS missed analyst expectations

Cash and investments increased to $55 mln, providing runway into 2H 2027

Outlook

Company anticipates cash runway into 2H 2027

Result Drivers

R&D EXPENSES - Increased due to progress in ReMEDy2 trial and Phase 2 IST in preeclampsia

Key Details

MetricBeat/MissActualConsensus Estimate
Q3 EPSMiss-$0.17-$0.16 (3 Analysts)
Q3 Net IncomeMiss-$8.62 mln-$8.13 mln (3 Analysts)
Q3 Operating IncomeMiss-$9.03 mln-$8.33 mln (3 Analysts)
Q3 Cash & Investments$55.30 mln
Q3 Pretax Profit-$8.61 mln
Analyst Coverage The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "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 DiaMedica Therapeutics Inc is $12.00, about 46.8% above its November 11 closing price of $6.39 Press Release: ID:nBw6rH4lka 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.)

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