Editas Medicine Shares Jump on Narrower 4Q Loss, Revenue Beat

Dow Jones

Mar 09

By Amira McKee

Shares of Editas Medicine climbed after the company logged a narrower fourth-quarter loss and revenue that outperformed analyst estimates.

The stock jumped 16% to $2.32 in Monday morning trading. The shares have gained 35% in the past year.

The developer of genome editing technology recorded a fourth-quarter loss of $5.6 million, or six cents a share, compared with a loss of $45.4 million, or 55 cents a share, a year earlier.

The results beat Wall Street's forecast for a fourth-quarter loss of 27 cents a share, according to FactSet.

Revenue was $24.7 million, down from $30.6 million a year prior, but exceeding the $8.3 million that analysts polled by FactSet were expecting.

The company attributed the top-line decline to milestone payments that boosted revenue in the fourth quarter of 2024.

Research and development expenses and general administrative expenses declined by 44% and 30%, respectively. Restructuring and impairment charges swung from $12.2 million to a benefit of $6.3 million. The decline in expenses was primarily driven by the discontinuation of clinical development of the company's reni-cel program and a workforce reduction.

Write to Amira McKee at amira.mckee@wsj.com

(END) Dow Jones Newswires

March 09, 2026 10:55 ET (14:55 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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The shares have gained 35% in the past year. \n</p>\n<p>\n  The developer of genome editing technology recorded a fourth-quarter loss of $5.6 million, or six cents a share, compared with a loss of $45.4 million, or 55 cents a share, a year earlier. \n</p>\n<p>\n  The results beat Wall Street's forecast for a fourth-quarter loss of 27 cents a share, according to FactSet. \n</p>\n<p>\n  Revenue was $24.7 million, down from $30.6 million a year prior, but exceeding the $8.3 million that analysts polled by FactSet were expecting. \n</p>\n<p>\n  The company attributed the top-line decline to milestone payments that boosted revenue in the fourth quarter of 2024. \n</p>\n<p>\n  Research and development expenses and general administrative expenses declined by 44% and 30%, respectively. Restructuring and impairment charges swung from $12.2 million to a benefit of $6.3 million. The decline in expenses was primarily driven by the discontinuation of clinical development of the company's reni-cel program and a workforce reduction. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Amira McKee at amira.mckee@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 09, 2026 10:55 ET (14:55 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"EDIT","symbol_name":"Editas Medicine, Inc.","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2618276586","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2618276586","pubTimestamp":1773068100,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Shares of Editas Medicine climbed after the company logged a narrower fourth-quarter loss and revenue that outperformed analyst estimates.The stock jumped 16% to $2.32 in Monday morning trading. The shares have gained 35% in the past year.The developer of genome editing technology recorded a fourth-quarter loss of $5.6 million, or six cents a share, compared with a loss of $45.4 million, or 55 cents a share, a year earlier.The results beat Wall Street's forecast for a fourth-quarter loss of 27 cents a share, according to FactSet.Revenue was $24.7 million, down from $30.6 million a year prior, but exceeding the $8.3 million that analysts polled by FactSet were expecting.The company attributed the top-line decline to milestone payments that boosted revenue in the fourth quarter of 2024.Research and development expenses and general administrative expenses declined by 44% and 30%, respectively. Restructuring and impairment charges swung from $12.2 million to a benefit of $6.3 million. The ","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"EDIT":"Editas Medicine, Inc."},"translate_title":"Editas Medicine股价因第四季度亏损收窄和收入超出预期而上涨","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"EDIT":1.5},"content_text":"By Amira McKee \n\n\n \n\n\n  Shares of Editas Medicine climbed after the company logged a narrower fourth-quarter loss and revenue that outperformed analyst estimates. \n\n\n  The stock jumped 16% to $2.32 in Monday morning trading. The shares have gained 35% in the past year. \n\n\n  The developer of genome editing technology recorded a fourth-quarter loss of $5.6 million, or six cents a share, compared with a loss of $45.4 million, or 55 cents a share, a year earlier. \n\n\n  The results beat Wall Street's forecast for a fourth-quarter loss of 27 cents a share, according to FactSet. \n\n\n  Revenue was $24.7 million, down from $30.6 million a year prior, but exceeding the $8.3 million that analysts polled by FactSet were expecting. \n\n\n  The company attributed the top-line decline to milestone payments that boosted revenue in the fourth quarter of 2024. \n\n\n  Research and development expenses and general administrative expenses declined by 44% and 30%, respectively. Restructuring and impairment charges swung from $12.2 million to a benefit of $6.3 million. The decline in expenses was primarily driven by the discontinuation of clinical development of the company's reni-cel program and a workforce reduction. \n\n\n \n\n\n  Write to Amira McKee at amira.mckee@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 09, 2026 10:55 ET (14:55 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}