Mineralys Therapeutics Q3 net loss narrows

Reuters
Nov 11, 2025
Mineralys <a href="https://laohu8.com/S/LENZ">Therapeutics</a> Q3 net loss narrows

Overview

  • Mineralys Q3 net loss narrows to $36.9 mln from $56.3 mln in prior year

  • R&D expenses decreased due to conclusion of lorundrostat pivotal program

  • Company completed $287.5 mln public equity financing, boosting cash reserves

Outlook

  • Company has funds to support operations into 2028

Result Drivers

  • R&D EXPENSES - Decrease in R&D expenses due to conclusion of lorundrostat pivotal program

  • CASH POSITION - Completion of $287.5 mln public equity financing strengthened cash reserves

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 EPS

-$0.52

Q3 Net Income

-$36.93 mln

Q3 Operating Expenses

$41.13 mln

Q3 Operating Income

-$41.13 mln

Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", 1 "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 Mineralys Therapeutics Inc is $46.50, about 18.2% above its November 7 closing price of $38.02

Press Release: ID:nGNX7bYDBY

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(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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