Overview
* Pyxis Oncology ( PYXS ) reports Q3 net loss of $22 mln, consistent with prior year
* Company anticipates preliminary data from MICVO Phase 1 studies in Q4 2025
* Expected cash runway through data milestones into second half of 2026
Outlook
* Pyxis Oncology ( PYXS ) expects preliminary data from MICVO studies in 4Q25
* Company anticipates cash runway into second half of 2026
* Pyxis Oncology ( PYXS ) to announce next steps in MICVO development with data update
Result Drivers
* G&A COSTS FALL - The decrease was primarily due to lower corporate insurance costs and a decrease in legal, professional and consulting fees
* TRANSLATIONAL INSIGHTS - New data presented at ESMO and AACR-NCI-EORTC highlight MICVO's mechanism of action and potential benefits in tumor microenvironment remodeling
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q3 EPS -$0.35
Q3 Net -$22 mln
Income
Q3 Basic -$0.35
EPS
Q3 -$23.46
Income mln
from
Operatio
ns
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.)