financetom
Business
financetom
/
Business
/
Artiva Biotherapeutics Reports Wider Q2 Loss, No Revenue
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Artiva Biotherapeutics Reports Wider Q2 Loss, No Revenue
Aug 29, 2024 4:53 PM

05:31 PM EDT, 08/29/2024 (MT Newswires) -- Artiva Biotherapeutics ( ARTV ) reported a Q2 loss late Thursday of $22 per diluted share, wider than a loss of $14.09 a year earlier.

Four analysts surveyed by Capital IQ expected a loss of $4.40.

No revenue for the quarter ended June 30 was reported. Revenue a year earlier was $3.5 million.

Four analysts polled by Capital IQ estimated $80,000.

As of June 30, the company said it had $46.6 million in cash, cash equivalents, and short-term investments. It said the $179 million in gross proceeds from its initial public offering in July extends cash runway at least through the end of 2026 and through key clinical data milestones.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Apple to hold annual developers conference June 10-14
Apple to hold annual developers conference June 10-14
Mar 26, 2024
March 26 (Reuters) - Apple ( AAPL ) will hold its Worldwide Developers Conference (WWDC) online from June 10 through June 14, it said on Tuesday. ...
International Paper weighs $6.3 bln bid for London's DS Smith, Sky News reporter says
International Paper weighs $6.3 bln bid for London's DS Smith, Sky News reporter says
Mar 26, 2024
March 26 (Reuters) - U.S.-listed paper producer International Paper ( IP ) is weighing a move to gatecrash a 10 billion pound ($12.63 billion) merger of its London-listed rivals, DS Smith ( DITHF ) and Mondi ( MNODF ), by tabling an offer of over 5 billion pounds ($6.32 billion) for DS Smith ( DITHF ), a Sky News reporter...
Altair Engineering Insider Sold Shares Worth $1,106,378, According to a Recent SEC Filing
Altair Engineering Insider Sold Shares Worth $1,106,378, According to a Recent SEC Filing
Mar 26, 2024
01:27 PM EDT, 03/26/2024 (MT Newswires) -- George J Christ, 10% Owner, on March 22, 2024, sold 12,760 shares in Altair Engineering ( ALTR ) for $1,106,378. Following the Form 4 filing with the SEC, Christ has control over a total of 962,190 shares of the company, with 962,190 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1701732/000112760224011164/xslF345X03/form4.xml Price: 84.84, Change: +0.47, Percent Change:...
Update: Market Chatter: Baltimore Bridge Collapse Likely to Worsen Already Strained Global Shipping; To Impact Export of India-bound Coal
Update: Market Chatter: Baltimore Bridge Collapse Likely to Worsen Already Strained Global Shipping; To Impact Export of India-bound Coal
Mar 26, 2024
01:25 PM EDT, 03/26/2024 (MT Newswires) -- (Updates with the American Trucking Associations' statement in the seventh paragraph and the headline and eighth paragraph with comments from Xcoal Energy & Resources CEO.) The collapse of the Francis Scott Key Bridge in Baltimore early Tuesday likely will worsen global trade flows, a shipping analyst told Bloomberg. Emily Stausboll, an analyst with...
Copyright 2023-2026 - www.financetom.com All Rights Reserved