ProQR Q3 revenue misses estimates, reports net loss

Reuters11-06
ProQR Q3 revenue misses estimates, reports net loss

Overview

  • ProQR Q3 revenue missed analyst expectations

  • Company reported a net loss of €11 mln for Q3 2025

  • ProQR received CTA authorization for Phase 1 trial of AX-0810

Outlook

  • ProQR expects initial safety data for AX-0810 by end of 2025

  • Target engagement data for AX-0810 expected in H1 2026

Result Drivers

  • CASH POSITION - Strong cash position provides runway into mid-2027, supporting pipeline and partnership activities

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Revenue

Miss

EUR 2.88 mln

EUR 4.36 mln (7 Analysts)

Q3 EPS

-EUR 0.10

Q3 Net Income

-EUR 11.01 mln

Q3 Basic EPS

-EUR 0.10

Q3 Operating Income

-EUR 11.28 mln

Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy", no "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 ProQR Therapeutics NV is $8.50, about 72% above its November 5 closing price of $2.38

Press Release: ID:nGNE4ZCg56

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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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