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BUZZ-Ocular slides on Q4 revenue miss

Reuters
Mar 04
BUZZ-Ocular slides on Q4 revenue miss

** Shares of biopharma firm Ocular Therapeutix OCUL.O fall 13% to $6.21

** Company posts quarterly revenue of $17.08 million compared with analysts' estimates of $17.20 million, according data compiled by LSEG

** Reports Q4 loss of 29 cents per share compared to analysts' estimates of 25 cents

** Company delays data from late-stage study testing its drug, axpaxli, to treat wet age-related macular degeneration (wet AMD) to Q1 2026 from Q4 2025 as the FDA allows changes to study design through Special Protocol Agreement $(SPA.UK)$

** Wet AMD is a condition where abnormal blood vessels grow under the retina, leading to vision loss

** OCUL has fallen 28.2% in the last 12 months

(Reporting by Siddhi Mahatole)

((siddhi.mahatole@thomsonreuters.com))

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