Apollomics H1 EPS $(0.38) Up From $(2.55) YoY, Cash Balance Of $25.9M To Provide Runway Into Q3 Of 2025
Portfolio Pulse from Benzinga Newsdesk
Apollomics reported a significant improvement in its H1 EPS, moving from $(2.55) to $(0.38) year-over-year. The company also has a cash balance of $25.9 million, which is expected to sustain operations until Q3 of 2025.
August 14, 2024 | 10:08 am
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Apollomics reported a significant improvement in its H1 EPS, moving from $(2.55) to $(0.38) year-over-year. The company also has a cash balance of $25.9 million, which is expected to sustain operations until Q3 of 2025.
The significant improvement in EPS indicates better financial performance, which is likely to positively impact investor sentiment. Additionally, the strong cash balance provides a clear runway for operations, reducing financial risk.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100