Overview
Anebulo fiscal Q1 net loss remains at $2.2 mln, consistent with last year
Operating expenses for fiscal Q1 decreased slightly to $2.3 mln
Company advances selonabant for pediatric cannabis toxicity with NIDA grant support
Outlook
Anebulo expects FDA collaboration for pediatric cannabis toxicity treatment
Result Drivers
NIDA GRANT SUPPORT - Co received $994,300 from NIDA grant to support selonabant study
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q1 EPS | -$0.05 | ||
Q1 Net Income | -$2.20 mln | ||
Q1 Basic EPS | -$0.05 | ||
Q1 Operating Expenses | $2.30 mln |
Analyst Coverage
The one available analyst rating on the shares is "hold"
The average consensus recommendation for the biotechnology & medical research peer group is "buy."
Press Release: ID:nBwbS6VKa
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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.)