Overview
* Aethlon fiscal Q2 operating expenses drop 48% yr/yr, reflecting disciplined cost management
Outlook
* Company did not provide specific financial guidance for future quarters in its press release
* Co says clinical and research progress continues alongside substantial cost reductions
Result Drivers
* COST REDUCTIONS - Operating expenses decreased by 48% due to disciplined cost management, including lower headcount and reduced clinical trial costs
* REDUCED GENERAL AND ADMINISTRATIVE EXPENSES- Declined by approximately $437,000 driven by lower clinical trial costs
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q3 $1.50
Operatin mln
g
Expenses
Analyst Coverage
* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"
* The average consensus recommendation for the advanced medical equipment & technology peer group is "buy."
* Wall Street's median 12-month price target for Aethlon Medical Inc ( AEMD ) is $12.38, about 64.9% above its November 11 closing price of $4.34
Press Release:
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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.)