Rare disease firm Rezolute's Q2 net loss widens

Reuters
Feb 13
Rare disease firm Rezolute's <a href="https://laohu8.com/S/QTWO">Q2</a> net loss widens 

Overview

  • Rare disease company reported Q2 fiscal 2026 net loss of $22.8 mln, up from last year

  • R&D expenses rose to $14.3 mln due to increased clinical trial activities

Outlook

  • Rezolute to meet FDA by end of Q1 under Breakthrough Therapy Designation

  • Topline results for tumor HI study expected in H2 2026

Result Drivers

  • INCREASED R&D EXPENSES - R&D expenses rose due to increased clinical trial activities and employee-related costs, including severance benefits

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q2 EPS

-$0.22

Q2 Net Income

-$22.77 mln

Q2 Income From Operations

-$24.22 mln

Q2 Operating Expenses

$24.22 mln

Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"

  • Wall Street's median 12-month price target for Rezolute Inc is $5.00, about 48.4% above its February 11 closing price of $3.37

Press Release: ID:nGNXQJyWy

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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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