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Stock impact report

Outlook Therapeutics Inc (OTLK) Reports Q1 Fiscal 2024 Results and Strategic Developments [Yahoo! Finance]

Outlook Therapeutics, Inc. (OTLK) 
Last outlook therapeutics, inc. earnings: 2/14 08:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Earnings Per Share : Loss of $0.04 per basic and diluted share in Q1 FY2024, improved from a loss of $0.08 in the prior year. Cash Position : Cash and cash equivalents stood at $10.4 million as of December 31, 2023. Upcoming Financing : Entered into agreements for financing up to $172 million, subject to shareholder approval. Clinical Development : Received FDA agreement on NORSE EIGHT trial protocol, with the first subject enrolled in January 2024. Regulatory Pathway : Anticipates topline results and resubmission of the ONS-5010 BLA by the end of calendar year 2024. Market Potential : ONS-5010, if approved, would be the first FDA-approved ophthalmic formulation of bevacizumab. Warning! GuruFocus has detected 1 Warning Sign with OTLK. On February 14, 2024, Outlook Therapeutics Inc ( NASDAQ:OTLK ) released its 8-K filing , announcing its financial results for the first quarter of fiscal year 2024 and providing a corporate update. The company, a clinical-stage biopharmace Show less Read more
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