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KLAR — Klaria Pharma Holding AB (publ) News Story

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Sweden's Klaria net loss narrows on lower R&D expenses

Sweden's Klaria net loss narrows on lower R&D expenses


Overview

  • Sweden pharma developer reported no Q2 net sales, unchanged from prior year

  • Q2 net loss after tax narrowed year-over-year, with lower R&D expenses

  • Operating cash flow widened and liquid assets increased from last year


Outlook

  • Klaria did not provide specific guidance or outlook for future periods


Result Drivers

  • LOWER R&D EXPENSES - Klaria attributed narrowed net loss after tax to reduced R&D expenses in Q2


Company press release: ID:nWkr7dst7D


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q2 Sales

SEK 0

Q2 Loss Per Share

SEK 0.05

Q2 Net Loss After Tax

SEK 12.90 mln

Q2 Cash Flow from Operating Activities

-SEK 14.80 mln


Analyst Coverage

  • The stock recently traded at 32 times the next 12-month earnings vs. a P/E of 30 three months ago


Reuters Recommended Reads

  • Aug 31 - Swedish drug developer DexTech's Q4 operating loss widens; reports positive patient outcomes

  • Aug 31 - China's Ascletis Pharma H1 net loss widens on higher R&D costs

  • Aug 31 - Israel's BioLineRx Q2 net loss widens on higher 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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