financetom
Business
financetom
/
Business
/
Oruka Therapeutics Posts Q4 Net Loss
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Oruka Therapeutics Posts Q4 Net Loss
Mar 6, 2025 2:37 PM

05:17 PM EST, 03/06/2025 (MT Newswires) -- Oruka Therapeutics ( ORKA ) reported a Q4 net loss late Thursday of $0.49 per diluted share.

Analysts polled by FactSet expected a loss of $0.74.

Oruka did not provide revenue for the quarter and year-ago figures.

The company said its cash, cash equivalents and marketable securities at the end of 2024 were $394 million and are projected to fund the company through 2027.

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 >
Deere Unusual Options Activity
Deere Unusual Options Activity
Jul 3, 2024
Deep-pocketed investors have adopted a bearish approach towards Deere , and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in DE usually suggests something big is about to happen. We gleaned this information from our observations today...
Factbox-US banks' commercial real estate loan worries linger after latest tumble
Factbox-US banks' commercial real estate loan worries linger after latest tumble
Jul 3, 2024
(Reuters) - Several U.S. regional and mid-sized banks continue to face the squeeze from high exposure to the commercial real estate (CRE) sector that has been roiled by higher-for-longer interest rates and empty office buildings. On Wednesday, First Foundation's shares slumped after the Texas-based lender with a huge portfolio of multifamily real estate loans disclosed a $228 million unexpected capital...
Sector Update: Consumer Stocks Mixed Wednesday Afternoon
Sector Update: Consumer Stocks Mixed Wednesday Afternoon
Jul 3, 2024
12:32 PM EDT, 07/03/2024 (MT Newswires) -- Consumer stocks were mixed in Wednesday afternoon trading, with the Consumer Staples Select Sector SPDR Fund (XLP) down 0.3% and the Consumer Discretionary Select Sector SPDR Fund (XLY) rising 0.7%. In corporate news, National Amusements reached a preliminary deal to sell its controlling interest in Paramount (PARA) to Skydance Media, media outlets reported....
Venezuelan opposition gets US court boost in dispute over Citgo-backed bonds
Venezuelan opposition gets US court boost in dispute over Citgo-backed bonds
Jul 3, 2024
NEW YORK (Reuters) - A U.S. appeals court on Wednesday set aside a judge's ruling that bondholders had valid claims against Venezuela's state-run oil company related to its U.S. refiner Citgo, and directed the judge to apply Venezuela law in assessing the claims. The decision by the 2nd U.S. Circuit Court of Appeals in Manhattan could provide a boost to...
Copyright 2023-2026 - www.financetom.com All Rights Reserved