Overview
* CytomX Q3 2025 revenue misses analyst expectations, declining significantly year-over-year
* Net loss for Q3 2025 was $14.2 mln
* Company maintains strong cash position with $143.6 mln in cash and investments
Outlook
* Company plans CX-2051 Phase 1 data update in Q1 2026
* CytomX to start CX-2051 Phase 1b CRC study with bevacizumab in Q1 2026
Result Drivers
* REVENUE DECLINE - Revenue decreased due to completion of Bristol Myers Squibb collaboration obligations and reduced Moderna activities
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q3 Miss $5.96 $11.63
Revenue mln mln (8
Analysts
)
Q3 Net -$14.23
Income mln
Q3 Cash $143.60
& mln
Investme
nts
Q3 $21.73
Operatin mln
g
Expenses
Q3 -$15.77
Operatin mln
g Income
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.)