Plus Therapeutics Q3 net loss widens

Reuters
2025/10/31
Plus <a href="https://laohu8.com/S/LENZ">Therapeutics</a> Q3 net loss widens

Overview

  • Plus Therapeutics Q3 net loss widens to $4.4 mln from $2.9 mln last year

  • Company received $1.9 mln advance from CPRIT for radiotherapeutic development

  • Announced national coverage agreement with UnitedHealthcare for CNSide diagnostics

Outlook

  • Plus Therapeutics plans to expand commercial team and footprint for CNSide in Q4

  • Company aims to clarify REYOBIQ clinical development plan with FDA

  • Plus Therapeutics to bolster financial position in capital markets

Result Drivers

  • CNSIDE EXPANSION - Plus Therapeutics expanded commercial readiness for CNSide diagnostics, securing national coverage with UnitedHealthcare

  • CPRIT GRANT - Received $1.9 mln advance payment from CPRIT for leptomeningeal cancer targeted radiotherapeutic development

  • REYOBIQ TRIAL RESULTS - Presented positive ReSPECT-LM Phase 1 trial results showing promising efficacy for leptomeningeal metastases

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Net Income

-$4.42 mln

Q3 Operating Expenses

$5.87 mln

Q3 Operating Income

-$4.48 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 Plus Therapeutics Inc is $4.00, about 86.5% above its October 29 closing price of $0.54

Press Release: ID:nGNX3Z8V6c

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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