Overview
Repare Therapeutics Q2 net loss narrows to $16.7 mln from $34.8 mln last year
Co entered worldwide licensing agreement with Debiopharm for lunresertib
Exploring strategic alternatives to maximize shareholder value
Outlook
Company expects Q4 2025 data from LIONS and POLAR trials
Repare exploring strategic alternatives to maximize shareholder value
Company anticipates milestone payments from Debiopharm licensing deal
Repare expects initial trial data in Q4 2025
Result Drivers
OUT-LICENSING - Out-licensed early-stage discovery platforms to DCx Biotherapeutics, resulting in a $5.7 mln gain
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 EPS
-$0.39
Q2 Net Income
-$16.74 mln
Q2 Income From Operations
-$17.78 mln
Q2 Operating Expenses
$23.70 mln
Q2 Pretax Profit
-$16.50 mln
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "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 Repare Therapeutics Inc is $5.00, about 69.6% above its August 7 closing price of $1.52
Press Release: ID:nBw2yZ68Qa
(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.)