04:26 PM EDT, 03/25/2024 (MT Newswires) -- Equillium ( EQ ) reported a Q4 loss late Monday of $0.07 per diluted share, compared with net income of $0.08 a year earlier.

Three analysts polled by Capital IQ expected a loss of $0.17.

Revenue for the quarter ended Dec. 31 was $9.2 million, down from $15.8 million a year earlier.

Three analysts surveyed by Capital IQ expected $5.9 million.

The company said it expects its $40.9 million cash balance at the end of last year to provide cash runway into H2 2025.

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