Tenaya Therapeutics Q2 net loss of $23.3 narrows

Reuters
08/07
Tenaya <a href="https://laohu8.com/S/LENZ">Therapeutics</a> <a href="https://laohu8.com/S/QTWO">Q2</a> net loss of $23.3 narrows

Overview

  • Tenaya Therapeutics Q2 net loss of $23.3 mln narrows

  • Co completes enrollment in key gene therapy trials, enabling dose expansion

  • Cash reserves expected to support operations into second half of 2026

Outlook

  • Tenaya anticipates TN-201 and TN-401 data readouts in Q4 2025

  • Company expects cash runway into second half of 2026

Result Drivers

  • TRIAL ENROLLMENT - Completion of enrollment in TN-201 and TN-401 trials enables dose expansion, per CEO Faraz Ali

  • SAFETY APPROVAL - Positive DSMB safety review allows dose escalation for TN-201 and TN-401 trials

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q2 Net Income

Beat

-$23.28 mln

-$25.90 mln (5 Analysts)

Q2 Operating Income

Beat

-$24.08 mln

-$26.30 mln (4 Analysts)

Q2 Pretax Profit

Beat

-$23.28 mln

-$25.90 mln (5 Analysts)

Q2 Basic EPS

-$0.14

Q2 Operating Expenses

$24.08 mln

Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "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 Tenaya Therapeutics Inc is $5.00, about 86.1% above its August 5 closing price of $0.70

Press Release: ID:nGNX8sTDLv

(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.)

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

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