Overview
* Rallybio ( RLYB ) reports Q3 net income of $16.0 mln, reversing a loss from last year
* Company generated $20 mln from sale of interest in REV102
* Cash runway extended through 2027, ensuring financial stability
Outlook
* Rallybio ( RLYB ) expects to report RLYB116 study data in 4Q 2025
* Company's cash runway extended through 2027
* Rallybio ( RLYB ) evaluating future development of RLYB332
Result Drivers
* REV102 SALE - Co generated $20 mln from sale of interest in REV102, boosting financial results
* COST MANAGEMENT - Decrease in R&D expenses due to reduced development costs and workforce reduction, offset by increased spending on RLYB116
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q3 Net $16.02
Income mln
Q3 -$6.93
Income mln
From
Operatio
ns
Q3 $7.14
Operatin mln
g
Expenses
Analyst Coverage
* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 3 "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 Rallybio Corp ( RLYB ) is $1.00, about 37.5% above its November 5 closing price of $0.63
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.)