Intellia Therapeutics (NTLA) saw its stock surge 5.49% in pre-market trading on Thursday, following the release of its better-than-expected first-quarter 2025 financial results. The gene-editing company's performance and financial outlook have impressed investors, driving the stock's upward momentum.
Intellia reported a Q1 earnings per share (EPS) of $(1.10), surpassing the estimated $(1.27). The company's sales for the quarter reached $16.63 million, significantly beating the projected $11.87 million. This strong financial performance demonstrates Intellia's ability to exceed market expectations and showcases the growing potential of its gene-editing technology platform.
Adding to investor optimism, Intellia announced a robust cash position of approximately $707.1 million in cash, cash equivalents, and marketable securities at the end of Q1 2025. This substantial financial cushion is expected to fund the company's operations into the first half of 2027, providing Intellia with an extended runway to advance its pipeline and potentially bring groundbreaking gene therapies to market. The combination of strong quarterly results and a solid financial foundation has clearly resonated with investors, driving the pre-market rally in Intellia's stock.
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