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Opus Genetics Q3 2024 Earnings Results & Report

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Opus Genetics beat analyst expectations on both earnings and revenue in its Q3 2024 results, released November 12, 2024. The company reported EPS of -$0.29 versus the -$0.30 consensus estimate, while revenue of $3.87 million topped the $1.17 million estimate by $2.70 million.

Earnings Announcement Details

Quarter
Q3 2024
Time
Before Market Opens
Conference Call
9:00 AM ET

Opus Genetics EPS Results

Actual EPS
-$0.29
Consensus EPS
-$0.30
Beat/Miss
Beat by +$0.01
One Year Ago EPS
N/A
EPS Beat Rate
5 of last 7 quarters

Opus Genetics Revenue Results

Actual Revenue
$3.87 million
Expected Revenue
$1.17 million
Beat/Miss
Beat by +$2.70 million
YoY Revenue Growth
N/A

Upcoming Earnings

Opus Genetics' Q3 2026 earnings is estimated for Wednesday, November 11, 2026, based on past reporting schedules, with a conference call scheduled on Thursday, November 12, 2026 at 12:30 PM ET. Check back for transcripts, audio, and key financial metrics as they become available.

Opus Genetics Q3 2024 Earnings FAQ

Opus Genetics (NASDAQ:IRD) reported earnings of -$0.29 per share for Q3 2024, beating the consensus estimate of -$0.30. The report was announced on Tuesday, November 12, 2024.

Opus Genetics reported revenue of $3.87 million for Q3 2024, against a consensus estimate of $1.17 million.

Opus Genetics' next earnings date is estimated for Wednesday, November 11, 2026. MarketBeat tracks confirmed and estimated earnings dates for Opus Genetics on the company's earnings history page.

Opus Genetics Earnings Headlines

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About Opus Genetics

Opus Genetics (NASDAQ:IRD) is a clinical-stage biotechnology company focused on developing gene therapies for inherited retinal diseases, a group of rare disorders that can cause progressive vision loss and blindness. The company’s research is centered on therapies intended to address the underlying genetic causes of these conditions rather than treating only their symptoms.

Opus Genetics is advancing an investigational pipeline of adeno-associated virus-based gene therapy candidates for diseases involving mutations in genes important to retinal function. Its programs are designed to deliver functional genetic material or otherwise correct disease-related biological processes in retinal cells. The company’s lead programs target selected forms of inherited retinitis pigmentosa and other rare retinal disorders.

Founded in 2017, Opus Genetics is based in Durham, North Carolina, and conducts its development activities through collaborations with researchers, medical institutions, and clinical trial sites. As its therapies remain investigational, their safety and effectiveness have not been established for general use.

View Opus Genetics Profile