Replimune Group (REPL) reported a fiscal Q4 net loss Wednesday of $73.7 million, narrowing from a net loss of $74.1 million a year earlier.

Analysts polled by FactSet expected a net loss of $63.9 million.

As of March 31, the company said it had $268.9 million in cash, cash equivalents and short-term investments, which it said will fund operations into Q1 2027.

Shares of the company were down 2.8% in Monday premarket activity.