financetom
Business
financetom
/
Business
/
Neumora Therapeutics Q3 Loss Narrows
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Neumora Therapeutics Q3 Loss Narrows
Nov 12, 2024 5:07 PM

07:31 AM EST, 11/12/2024 (MT Newswires) -- Neumora Therapeutics ( NMRA ) reported a Q3 loss Tuesday of $0.45 per diluted share, narrower than the loss of $1.14 a year earlier.

Analysts polled by Capital IQ expected a loss of $0.39.

The clinical-stage biopharmaceutical company did not report any revenue for the quarter ended Sept. 30.

Neumora said it had $341.3 million in cash, cash equivalents and marketable securities at the end of the quarter, which it said would enable it to fund its operating plan into mid-2026.

Price: 13.58, Change: +0.04, Percent Change: +0.30

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 >
Plug Power Stock Is Surging Monday: What's Going On?
Plug Power Stock Is Surging Monday: What's Going On?
Oct 13, 2025
Shares of Plug Power Inc ( PLUG ) are trading higher Monday, rebounding from last week's slide which was driven by financing and dilution concerns. Here’s what investors need to know. What To Know: The hydrogen company's stock received a boost on Monday after Susquehanna analyst Biju Perincheril maintained a Neutral rating, but nearly doubled the price target to $3.50...
Bloom Energy Strikes $5 Billion AI Partnership With Brookfield Asset Management
Bloom Energy Strikes $5 Billion AI Partnership With Brookfield Asset Management
Oct 13, 2025
11:15 AM EDT, 10/13/2025 (MT Newswires) -- Bloom Energy ( BE ) shares soared on Monday after announcing a $5 billion partnership with Brookfield Asset Management ( BAM ) to deploy its fuel cell technology in building artificial intelligence infrastructure. The companies said in a joint statement that Bloom becomes the preferred onsite power provider for Brookfield's global AI factories,...
Broadcom Stock Soars On AI Accelerator Deal With OpenAI
Broadcom Stock Soars On AI Accelerator Deal With OpenAI
Oct 13, 2025
Broadcom Inc ( AVGO ) shares are trading higher Monday after the company and OpenAI announced a collaboration to deploy custom AI accelerators. What To Know: Broadcom ( AVGO ) and OpenAI will work together to co-develop 10 gigawatts of OpenAI-designed accelerators.  The racks will be scaled entirely with Ethernet and other connectivity solutions from Broadcom ( AVGO ) in...
Sprouts Farmers Market Earnings Growth to Slow Temporarily, Medium-Term Outlook Remains Achievable, RBC Says
Sprouts Farmers Market Earnings Growth to Slow Temporarily, Medium-Term Outlook Remains Achievable, RBC Says
Oct 13, 2025
11:13 AM EDT, 10/13/2025 (MT Newswires) -- Sprouts Farmers Market's ( SFM ) earnings growth may slow in the near term due to tough comparisons and loyalty program costs but medium-term growth remains achievable, RBC Capital Markets said in a note Monday. Analysts, including Steven Shemesh, said that from 2015 to 2019, the company averaged 3% comparable sales growth. This...
Copyright 2023-2026 - www.financetom.com All Rights Reserved