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NASDAQ:LONA

Athira Pharma Q3 2024 Earnings Report

Athira Pharma logo
$4.48 +0.10 (+2.28%)
As of 10:51 AM Eastern
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Athira Pharma EPS Results

Actual EPS
-$7.50
Consensus EPS
-$8.00
Beat/Miss
Beat by +$0.50
One Year Ago EPS
N/A

Athira Pharma Revenue Results

Actual Revenue
N/A
Expected Revenue
N/A
Beat/Miss
N/A
YoY Revenue Growth
N/A

Athira Pharma Announcement Details

Quarter
Q3 2024
Time
After Market Closes
Conference Call Date
Thursday, November 7, 2024
Conference Call Time
4:00PM ET

Athira Pharma Earnings Headlines

This AI fund posted a 34 percent annualized payout last month
One small fund tied to artificial intelligence stocks delivered $1,051 in a single month, not through selling shares or trading options, but simply by holding the fund and letting it pay out cash every Thursday. That works out to a 34% annualized distribution rate, even though the underlying AI stocks pay no dividends themselves. Tim Plaehn, Chief Income Strategist at Investors Alley, breaks down exactly how the fund generates these weekly payouts.tc pixel
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About Athira Pharma

Athira Pharma (NASDAQ:LONA) is a biotechnology company focused on developing regenerative medicines for diseases involving neurodegeneration and neurological decline. The company’s research is based on the hepatocyte growth factor (HGF) pathway, which it believes may support neuronal health, repair, and regeneration.

Athira’s lead investigational product is fosgonimeton (also known as ATH-1017), a small-molecule therapy designed to activate the HGF/MET system. The treatment has been studied for Alzheimer’s disease and other neurological conditions, although it remains investigational and has not been approved for commercial use.

Athira was founded in 2011 and is based in the United States. The company has conducted clinical development activities in the United States and internationally. Public information has identified Leen Kawas as a former chief executive officer; leadership and corporate status may have changed. The ticker provided, NASDAQ:LONA, does not appear to correspond to Athira Pharma, which has historically been associated with the ticker ATHA.

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