•
Sep 30, 2024

Trevena Q3 2024 Earnings Report

Trevena reported a net loss for Q3 2024 and provided a business update.

Key Takeaways

Trevena reported a net loss attributable to common stockholders of $4.9 million, or $5.79 per share, compared to $7.9 million, or $14.20 per share in the third quarter of 2023. Cash and cash equivalents were $13.5 million as of September 30, 2024.

Net loss attributable to common stockholders was $4.9 million, or $5.79 per share.

Net loss was $7.9 million, or $14.20 per share in the third quarter of 2023.

Cash and cash equivalents were $13.5 million as of September 30, 2024.

Trevena is focused on developing and commercializing medicines for CNS disorders.

Total Revenue
$283K
Previous year: $180K
+57.2%
EPS
-$5.79
Previous year: -$14.3
-59.4%
Gross Profit
$169K
Previous year: $5K
+3280.0%
Cash and Equivalents
$13.5M
Previous year: $35M
-61.4%
Free Cash Flow
-$4.5M
Previous year: -$8.93M
-49.6%
Total Assets
$19.2M
Previous year: $45.1M
-57.5%

Trevena

Trevena