Overview
* Curis ( CRIS ) Q2 revenue rises to $2.7 mln, beating analyst expectations
* Net loss for Q2 narrows to $8.6 mln, exceeding analyst estimates
* Adjusted EPS for Q2 beats expectations, reflecting improved financial performance
Outlook
* Curis ( CRIS ) expects to begin enrollment for CLL study later this year
* Company plans head-to-head trial against gilteritinib in AML
* Curis ( CRIS ) anticipates data from AML triplet study in December
* Company's cash runway extended into Q1 2026
Result Drivers
* CLINICAL TRIAL PROGRESS - Curis ( CRIS ) cites ongoing enrollment in TakeAim Lymphoma study
* EXPENSE REDUCTION - Lower research and development costs contributed to improved financial results
* REVENUE INCREASE - Slight rise in royalty revenues from Genentech/Roche sales of Erivedge
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q2 Beat $2.75 $2.64
Revenue mln mln (5
Analysts
)
Q2 Net Beat -$8.59 -$14.30
Income mln mln (5
Analysts
)
Q2 Basic Beat -$0.68 -$0.89
EPS (4
Analysts
)
Q2 Beat -$8.25 -$14.20
Income mln mln (5
From Analysts
Operatio )
ns
Press Release:
(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.)