Saturday, May 18, 2024

Mural Oncology GAAP EPS of -$1.84; reaffirms financial guidance

Must read

  • Mural Oncology plc press release (NASDAQ:MURA): Q1 GAAP EPS of -$1.84.
  • As of March 31, 2024, cash, cash equivalents, and marketable securities were $231.7 million.
  • Financial Guidance

    • The company reaffirms guidance that its cash, cash equivalents, and marketable securities are expected to fund its operations into the fourth quarter of 2025.
    • As noted in the 2023 year-end financial results press release, Mural anticipates reporting lower year-over-year operating expenses in 2024. Also, management forecasts higher operating expenses in 2024 versus 2025 due to the timing of clinical trial expenses.

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