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Sep 30, 2024
Curis Q3 2024 Earnings Report
Curis reported financial results for the third quarter of 2024.
Key Takeaways
Curis reported a net loss of $10.1 million, or $1.70 per share, for the third quarter of 2024, compared to a net loss of $12.2 million, or $2.13 per share, for the same period in 2023. Revenues for the third quarter of 2024 were $2.9 million, compared to $2.8 million for the same period in 2023. The company's cash and cash equivalents totaled $31.6 million, including the impact of the October 2024 Offerings, and expects its existing cash and cash equivalents will enable its planned operations into mid-2025.
Reported net loss of $10.1 million, or $1.70 per share for Q3 2024.
Revenues for Q3 2024 were $2.9 million.
Completed a registered direct offering and concurrent private placement in October 2024, with net proceeds of approximately $10.8 million.
Cash and cash equivalents totaled $31.6 million and expects to fund operations into mid-2025.
Forward Guidance
Curis expects its existing cash and cash equivalents will enable its planned operations into mid-2025.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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