IN8bio Q3 net loss narrows to $3.9 mln, R&D expenses down

IN8bio

06/11/2025 21:25

Overview

IN8bio Q3 net loss narrows to $3.9 mln from $7.1 mln last year

R&D expenses for Q3 decreased due to strategic pause in INB-400 program

Company expanded INB-100 trial to accelerate enrollment at multiple sites

Outlook

IN8bio to present updated INB-200/400 data at SNO Annual Meeting, Nov 19-23, 2025

Additional INB-619 preclinical data to be presented at ASH Annual Meeting, Dec 6-9, 2025

Result Drivers

R&D EXPENSES - Expenses fell to $2.1 mln from $3.3 mln due to pause on clinical trial-related activities for the INB-400 program last year and personnel-related costs

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Net Income
-$3.85 mln
Q3 Basic EPS
-$0.85
Q3 Operating Expenses
$3.97 mln
Q3 Operating Income
-$3.85 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"

Wall Street's median 12-month price target for IN8bio Inc is $7.00, about 76.7% above its November 5 closing price of $1.63

Press Release: ID:nGNX1KqHtc

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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.)