Inovio Q3 net loss widens on non-cash warrant liabilities

Reuters

Yesterday

Inovio Q3 net loss widens on non-cash warrant liabilities

Overview

Inovio Q3 2025 net loss widens to $45.5 mln, driven by non-cash warrant liabilities
Operating expenses decreased to $21.2 mln from $27.3 mln in Q3 2024

Outlook

Inovio projects cash will support operations into Q2 2026

Result Drivers

R&D EXPENSES - Decrease in R&D expenses due to lower costs for INO-3107 manufacturing and clinical studies

Key Details

Metric	Beat/Miss	Actual	Consensus Estimate
Q3 EPS		-$0.87
Q3 Net Income		-$45.50 mln
Q3 Operating Expenses		$21.20 mln

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 2 "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 Inovio Pharmaceuticals Inc is $7.50, about 71.7% above its November 7 closing price of $2.12

Press Release: ID:nPn4SyL5La

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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One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www-web.itiger.com/news/2582388425"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2582388425\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2582388425?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-11-11 05:29","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2582388425","market":"us","top_or_hot":-1,"title":"Inovio Q3 net loss widens on non-cash warrant liabilities","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>Inovio Q3 net loss widens on non-cash warrant liabilities</title></head><body><p><span>Overview</span></p><ul><li><p>Inovio Q3 2025 net loss widens to $45.5 mln, driven by non-cash warrant liabilities</p></li><li><p>Operating expenses decreased to $21.2 mln from $27.3 mln in Q3 2024</p></li></ul><p><span>Outlook</span></p><ul><li><p>Inovio projects cash will support operations into <a href=\"https://laohu8.com/S/QTWO\">Q2</a> 2026</p></li></ul><p><span>Result Drivers</span></p><ul><li><p>R&amp;D EXPENSES - Decrease in R&amp;D expenses due to lower costs for INO-3107 manufacturing and clinical studies</p></li></ul><p><span>Key Details</span></p><table><tbody><tr><td><p><span>Metric</span></p></td><td><p><span>Beat/Miss</span></p></td><td><p><span>Actual</span></p></td><td><p><span>Consensus Estimate</span></p></td></tr><tr><td><p>Q3 EPS</p></td><td></td><td><p>-$0.87</p></td><td></td></tr><tr><td><p>Q3 Net Income</p></td><td></td><td><p>-$45.50 mln</p></td><td></td></tr><tr><td><p>Q3 Operating Expenses</p></td><td></td><td><p>$21.20 mln</p></td><td></td></tr></tbody></table><p><span>Analyst Coverage</span></p><ul><li><p>The current average analyst rating on the shares is \"buy\" and the breakdown of recommendations is 4 \"strong buy\" or \"buy\", 2 \"hold\" and no \"sell\" or \"strong sell\"</p></li><li><p>The average consensus recommendation for the biotechnology &amp; medical research peer group is \"buy\"</p></li><li><p>Wall Street's median 12-month price target for Inovio Pharmaceuticals Inc is $7.50, about 71.7% above its November 7 closing price of $2.12</p></li></ul><p>Press Release: <span>ID:nPn4SyL5La</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. 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medical research peer group is \"buy\"</p></li><li><p>Wall Street's median 12-month price target for Inovio Pharmaceuticals Inc is $7.50, about 71.7% above its November 7 closing price of $2.12</p></li></ul><p>Press Release: <span>ID:nPn4SyL5La</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":"INO","symbol_name":"伊诺维奥制药","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251110:nL1N3WM12E:1","article_id":"2582388425","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2582388425","pubTimestamp":1762810179,"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":"Inovio Q3 net loss widens on non-cash warrant liabilitiesOverviewInovio Q3 2025 net loss widens to $45.5 mln, driven by non-cash warrant liabilitiesOperating expenses decreased to $21.2 mln from $27.3","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"INO":"伊诺维奥制药","BK4583":"猴痘概念","BK4568":"美国抗疫概念","BK4139":"生物科技"},"translate_title":"Inovio第三季度非现金认股权证负债净亏损扩大","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"INO":0.9},"content_text":"Inovio Q3 net loss widens on non-cash warrant liabilitiesOverviewInovio Q3 2025 net loss widens to $45.5 mln, driven by non-cash warrant liabilitiesOperating expenses decreased to $21.2 mln from $27.3 mln in Q3 2024OutlookInovio projects cash will support operations into Q2 2026Result DriversR&D EXPENSES - Decrease in R&D expenses due to lower costs for INO-3107 manufacturing and clinical studiesKey DetailsMetricBeat/MissActualConsensus EstimateQ3 EPS-$0.87Q3 Net Income-$45.50 mlnQ3 Operating Expenses$21.20 mlnAnalyst CoverageThe current average analyst rating on the shares is \"buy\" and the breakdown of recommendations is 4 \"strong buy\" or \"buy\", 2 \"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 Inovio Pharmaceuticals Inc is $7.50, about 71.7% above its November 7 closing price of $2.12Press Release: ID:nPn4SyL5LaFor 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"}}}