Overview
Biotechnology firm's Q4 revenue rises, driven by collaboration with Genentech and Roche
Company reports net income for Q4, reversing loss from previous year
Company enters collaboration with William Demant Invest for hearing loss therapy
Outlook
Lineage expects cash to support operations into Q2 2028
Company plans to advance therapeutic candidates in 2026
Lineage aims to achieve key clinical and financial milestones in 2026
Result Drivers
COLLABORATION REVENUE - Revenue increase driven by collaboration with Roche and Genentech following milestone achievement
ALLOSCOPE PLATFORM - Demonstrated high-scale production potential of AlloSCOPE manufacturing platform
OPREGEN ADVANCEMENTS - Achieved first milestone in collaboration with Roche and Genentech, reflecting manufacturing and clinical progress
Company press release: ID:nBw8v4M7ra
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
FY Net Income
-$63.37 mln
FY Income from Operations
-$36.62 mln
FY Operating Expenses
$51.18 mln
FY Pretax Profit
-$68.65 mln
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 1 "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 Lineage Cell Therapeutics Inc is $3.00, about 54.2% above its March 4 closing price of $1.95
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.)