Overview
Genelux Q3 net loss of $7.95 mln beats analyst expectations
Company has $21 mln in cash and investments, funding operations into Q3 2026
Outlook
Company expects cash resources to support operations into Q3 2026
Result Drivers
R&D EXPENSES - Increase in R&D expenses driven by stock compensation and clinical trial costs for Phase 3 OnPrime trial
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Net Income | Beat | -$7.95 mln | -$8.14 mln (4 Analysts) |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "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 Genelux Corp is $18.00, about 54.9% above its November 4 closing price of $8.11
Press Release: ID:nGNX1J8BVP
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.
(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.)
Comments