Arbutus Biopharma Q3 revenue and net loss miss analyst estimates

Reuters11-13
<a href="https://laohu8.com/S/ABUS">Arbutus Biopharma</a> Q3 revenue and net loss miss analyst estimates

Overview

  • Arbutus Q3 revenue and net income missed analyst expectations

  • Company reports 46% of Phase 2a patients discontinued treatment in imdusiran trials

  • Arbutus continues litigation against Moderna and Pfizer/BioNTech over LNP technology

Outlook

  • Favorable claim construction ruling in Pfizer-BioNTech litigation, Moderna trial set for March 2026

  • 46% of Phase 2a patients discontinued treatment, showing potential efficacy of imdusiran

Result Drivers

  • COST REDUCTIONS - Decrease in R&D expenses due to restructuring and focus on imdusiran and AB-101

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Revenue

Miss

$500,000

$1.27 mln (3 Analysts)

Q3 Net Income

Miss

-$7.70 mln

-$6.94 mln (2 Analysts)

Q3 Cash & Investments

$93.70 mln

Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 1 "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 Arbutus Biopharma Corp is $5.00, about 3.2% above its November 12 closing price of $4.84

Press Release: ID:nGNX6b7K1f

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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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