Alumis Reports Q2 Net Loss Of $(56.5)M, Down From $(36.3)M Last Year
Portfolio Pulse from Benzinga Newsdesk
Alumis reported a Q2 net loss of $56.5 million, which is a significant increase from the $36.3 million loss reported in the same quarter last year.
August 13, 2024 | 8:59 pm
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Alumis reported a Q2 net loss of $56.5 million, up from $36.3 million last year, indicating worsening financial performance.
The significant increase in net loss from $36.3 million to $56.5 million suggests deteriorating financial health, which is likely to negatively impact investor sentiment and the stock price in the short term.
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