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Stock impact report

Chimerix Inc Reports Fourth Quarter and Full-Year 2023 Financial Results [Yahoo! Finance]

Chimerix, Inc. (CMRX) 
Last chimerix, inc. earnings: 2/25 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.chimerix.com/investor-relations
Company Research Source: Yahoo! Finance
Research and Development : R&D expenses decreased to $15.6 million in Q4 2023 from $19.3 million in Q4 2022. General and Administrative Expenses : G&A expenses slightly decreased to $5.2 million in Q4 2023 from $5.3 million in Q4 2022. Full-Year Net Loss : For the full year, net loss stood at $82.1 million compared to net income of $172.2 million in 2022, primarily due to the gain on sale of TEMBEXA. Revenue : Annual revenues decreased to $0.3 million in 2023 from $33.8 million in 2022, following the TEMBEXA divestiture. Cash Position : Cash and equivalents totaled $204.5 million as of December 31, 2023. Warning! GuruFocus has detected 8 Warning Signs with CMRX. On February 29, 2024, Chimerix Inc ( NASDAQ:CMRX ) released its 8-K filing , detailing the financial results for the fourth quarter and the full year ended December 31, 2023, along with providing an operational update. The company, a biopharmaceutical entity engaged in the development of medications for cancer and Show less Read more
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