Achilles Therapeutics Q2 2024 GAAP EPS $(0.41), Inline; Cash Position Of $95.1M Supports Operations Through 2025
Portfolio Pulse from Benzinga Newsdesk
Achilles Therapeutics reported a Q2 2024 GAAP EPS of $(0.41), which is in line with expectations. The company has a cash position of $95.1 million, which is expected to support operations through 2025.
August 14, 2024 | 11:17 am
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Achilles Therapeutics reported a Q2 2024 GAAP EPS of $(0.41), which met expectations. The company's strong cash position of $95.1 million is expected to support operations through 2025.
The EPS result being in line with expectations suggests no immediate negative or positive surprise for investors. The strong cash position provides a solid financial foundation, reducing short-term financial risk.
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IMPORTANCE 70
RELEVANCE 100