Cancer immunotherapy firm CytomX's Q3 revenue falls

Reuters11-07
Cancer immunotherapy firm <a href="https://laohu8.com/S/CTMX">CytomX</a>'s Q3 revenue falls

Overview

  • CytomX Q3 2025 revenue misses analyst expectations, declining significantly year-over-year

  • Net loss for Q3 2025 was $14.2 mln

  • Company maintains strong cash position with $143.6 mln in cash and investments

Outlook

  • Company plans CX-2051 Phase 1 data update in Q1 2026

  • CytomX to start CX-2051 Phase 1b CRC study with bevacizumab in Q1 2026

Result Drivers

  • REVENUE DECLINE - Revenue decreased due to completion of Bristol Myers Squibb collaboration obligations and reduced Moderna activities

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Revenue

Miss

$5.96 mln

$11.63 mln (8 Analysts)

Q3 Net Income

-$14.23 mln

Q3 Cash & Investments

$143.60 mln

Q3 Operating Expenses

$21.73 mln

Q3 Operating Income

-$15.77 mln

Press Release: ID:nGNXc8Ys8

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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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