Larimar Therapeutics Q3 net loss widens

Reuters

Nov 05

Larimar <a href="https://laohu8.com/S/LENZ">Therapeutics</a> Q3 net loss widens

Overview

Larimar reports Q3 net loss of $47.7 mln, driven by increased R&D expenses
Company modifies nomlabofusp dosing to reduce anaphylaxis risk
BLA submission for nomlabofusp targeted for Q2 2026

Outlook

Larimar targets BLA submission for nomlabofusp in Q2 2026
Company plans U.S. launch of nomlabofusp in early 2027
Larimar implementing modified dosing regimen to reduce anaphylaxis risk

Result Drivers

Research and development expenses for the third quarter of 2025 were $44.9 million compared to $13.9 million for the third quarter of 2024

Key Details

Metric	Beat/Miss	Actual	Consensus Estimate
Q3 EPS		-$0.61
Q3 Net Income		-$47.71 mln
Q3 Basic EPS		-$0.61
Q3 Income From Operations		-$49.49 mln
Q3 Operating Expenses		$49.49 mln

Analyst Coverage

The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 12 "strong buy" or "buy", no "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 Larimar Therapeutics Inc is $17.00, about 77.6% above its November 4 closing price of $3.80

Press Release: ID:nGNXbKrz8r

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(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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For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.</p><p>(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.)</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Larimar Therapeutics Q3 net loss widens</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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medical research peer group is \"buy.\"</p></li><li><p>Wall Street's median 12-month price target for Larimar Therapeutics Inc is $17.00, about 77.6% above its November 4 closing price of $3.80</p></li></ul><p>Press Release: <span>ID:nGNXbKrz8r</span></p><p>For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.</p><p>(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.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LRMR","symbol_name":"Larimar Therapeutics, Inc.","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251105:nL1N3WH0KW:1","article_id":"2581243717","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2581243717","pubTimestamp":1762345076,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Larimar Therapeutics Q3 net loss widensOverviewLarimar reports Q3 net loss of $47.7 mln, driven by increased R&D expensesCompany modifies nomlabofusp dosing to reduce anaphylaxis riskBLA submission fo","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LRMR":"Larimar Therapeutics, Inc.","BK4139":"生物科技"},"translate_title":"Larimar Therapeutics第三季度净亏损扩大","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"LRMR":0.9},"content_text":"Larimar Therapeutics Q3 net loss widensOverviewLarimar reports Q3 net loss of $47.7 mln, driven by increased R&D expensesCompany modifies nomlabofusp dosing to reduce anaphylaxis riskBLA submission for nomlabofusp targeted for Q2 2026OutlookLarimar targets BLA submission for nomlabofusp in Q2 2026Company plans U.S. launch of nomlabofusp in early 2027Larimar implementing modified dosing regimen to reduce anaphylaxis riskResult DriversResearch and development expenses for the third quarter of 2025 were $44.9 million compared to $13.9 million for the third quarter of 2024Key DetailsMetricBeat/MissActualConsensus EstimateQ3 EPS-$0.61Q3 Net Income-$47.71 mlnQ3 Basic EPS-$0.61Q3 Income From Operations-$49.49 mlnQ3 Operating Expenses$49.49 mlnAnalyst CoverageThe current average analyst rating on the shares is \"strong buy\" and the breakdown of recommendations is 12 \"strong buy\" or \"buy\", no \"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 Larimar Therapeutics Inc is $17.00, about 77.6% above its November 4 closing price of $3.80Press Release: ID:nGNXbKrz8rFor questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.(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.)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}