Brief: EQRx Reports Fourth Quarter And Full Year 2021 Financial Results
23/03/2022 11:12
March 23 (Reuters) - EQRx Inc EQRX.O :
* EQRX REPORTS FOURTH QUARTER AND FULL YEAR 2021 FINANCIAL
RESULTS
AND RECENT CORPORATE PROGRESS
* EQRX INC - CASH AND CASH EQUIVALENTS TOTALED $1.7 BILLION
AT
DECEMBER 31, 2021
* EQRX INC - EQRX EXPECTS FULL YEAR 2022 CASH OUTFLOWS TO BE
$400
MILLION OR LESS
* EQRX INC - BASED ON EQRX'S CURRENT OPERATING PLAN,
MANAGEMENT
BELIEVES EQRX HAS SUFFICIENT CAPITAL RESOURCES TO FUND
ANTICIPATED OPERATIONS INTO 2025
* EQRX INC - NET INCOME TOTALED $1.2 MILLION FOR THREE
MONTHS
ENDED DECEMBER 31, 2021
Source text for Eikon: ID:nGNX4sZSW0
Further company coverage: EQRX.O
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