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Mar 31, 2024

Acelyrin Q1 2024 Earnings Report

Acelyrin reported cash, cash equivalents and short-term marketable securities totaling $678.5 million.

Key Takeaways

Acelyrin reported its cash, cash equivalents, and short-term marketable securities totaled $678.5 million as of March 31, 2024. Additionally, Mina Kim was appointed as the Chief Executive Officer, succeeding Shao-Lee Lin, and Ron Oyston will step down as Chief People Officer effective August 15, 2024.

Cash, cash equivalents, and short-term marketable securities totaled $678.5 million on March 31, 2024.

Mina Kim was appointed as Chief Executive Officer effective May 9, 2024.

Shao-Lee Lin stepped down as Chief Executive Officer and Board member effective May 8, 2024.

Ron Oyston will step down as Chief People Officer effective August 15, 2024.

Total Revenue
$0
EPS
-$0.36
Previous year: -$8.61
-95.8%
Gross Profit
-$55K
Cash and Equivalents
$679M
Previous year: $289M
+134.6%
Free Cash Flow
-$57.4M
Previous year: -$25.6M
+124.3%
Total Assets
$697M
Previous year: $299M
+133.6%

Acelyrin

Acelyrin