Replimune Q2 net loss widens

Reuters
Nov 06
Replimune <a href="https://laohu8.com/S/QTWO">Q2</a> net loss widens

Overview

  • Replimune fiscal Q2 net loss widens to $83.1 mln from $53.1 mln last year

  • Cash position decreases to $323.6 mln from $483.8 mln as of March 31, 2025

Outlook

  • Replimune expects FDA decision on RP1 BLA by April 2026

  • Company plans to fund operations into late 2026

Result Drivers

  • R&D EXPENSES - Increase in R&D expenses due to higher costs for RP1 and RP2 studies, including IGNYTE-3

  • FDA ACCEPTANCE - FDA accepted BLA resubmission for RP1, potential approval progress

  • CLINICAL TRIAL PROGRESS - Positive data from IGNYTE trial for RP1 plus nivolumab in skin cancers

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q2 Net Income

-$83.10 mln

Q2 Basic EPS

-$0.90

Q2 Cash & Investments

$323.60 mln

Q2 Operating Expenses

$84.29 mln

Q2 Operating Income

-$84.29 mln

Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 3 "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 Replimune Group Inc is $12.50, about 31.4% above its November 5 closing price of $8.58

Press Release: ID:nGNX8P8Bvy

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(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.)

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