Pyxis Oncology reports Q3 net loss of $22 mln

Reuters
11/03
<a href="https://laohu8.com/S/PYXS">Pyxis Oncology</a> reports Q3 net loss of $22 mln

Overview

  • Pyxis Oncology reports Q3 net loss of $22 mln, consistent with prior year

  • Company anticipates preliminary data from MICVO Phase 1 studies in Q4 2025

  • Expected cash runway through data milestones into second half of 2026

Outlook

  • Pyxis Oncology expects preliminary data from MICVO studies in 4Q25

  • Company anticipates cash runway into second half of 2026

  • Pyxis Oncology to announce next steps in MICVO development with data update

Result Drivers

  • G&A COSTS FALL - The decrease was primarily due to lower corporate insurance costs and a decrease in legal, professional and consulting fees

  • TRANSLATIONAL INSIGHTS - New data presented at ESMO and AACR-NCI-EORTC highlight MICVO's mechanism of action and potential benefits in tumor microenvironment remodeling

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 EPS

-$0.35

Q3 Net Income

-$22 mln

Q3 Basic EPS

-$0.35

Q3 Income from Operations

-$23.46 mln

Press Release: ID:nGNX6XTnxk

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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