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Stock impact report

Adaptimmune Therapeutics PLC Reports Q4 and Full Year 2023 Financial Results [Yahoo! Finance]

Adaptimmune Therapeutics plc - American Depositary Shares (ADAP) 
Last adaptimmune therapeutics plc - american depositary shares earnings: 5/9 07:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
Net Loss: Reduced to $47.9 million in Q4 2023 from $29.3 million in Q4 2022; Annual net loss decreased to $113.9 million from $165.5 million year-over-year. Revenue: Q4 2023 revenue was $231 thousand, with annual revenue reaching $60.3 million, up from $27.1 million in the previous year. Research and Development Expenses: R&D expenses for Q4 2023 were $33.2 million, reflecting the company's ongoing investment in its clinical and preclinical pipelines. Cash Flow: Net cash used in operating activities for the year ended December 31, 2023, was $140.9 million. Strategic Collaborations: Existing cash and expected income from partnerships with Genentech and GSK to fund operations into early 2026. Product Pipeline: FDA accepted BLA for afami-cel with priority review; targeting commercial launch upon approval. Warning! GuruFocus has detected 8 Warning Signs with ADAP. On March 6th, 2024, Adaptimmune Therapeutics PLC ( NASDAQ:ADAP ) released its 8-K filing , announcing its finan Show less Read more
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