CalciMedica reports Q3 net loss of $7.8 mln

Reuters
Nov 12
CalciMedica reports Q3 net loss of $7.8 mln

Overview

  • CalciMedica reports Q3 net loss of $7.8 mln vs $5.6 mln year-ago

  • Positive FDA discussions on pivotal trial for acute pancreatitis, design expected 1H 2026

Outlook

  • Company expects cash position to fund operations into 2H 2026

  • CalciMedica expects pivotal trial design for AP finalized in 1H 2026

  • Data from Phase 2 KOURAGE trial expected in 1H 2026

Result Drivers

  • COSTS - R&D costs rose to $3.9 mln from $3.6 mln, while G&A expenses dropped to $1.8 mln from $2.2 mln

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Net Income

-$7.80 mln

Q3 Basic EPS

-$0.52

Q3 Income From Operations

-$5.62 mln

Q3 Operating Expenses

$5.62 mln

Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "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 CalciMedica Inc is $15.50, about 79.3% above its November 11 closing price of $3.21

Press Release: ID:nPn5W9Ry8a

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.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10