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NASDAQ:CARM

Carisma Therapeutics Q3 2024 Earnings Report

Carisma Therapeutics logo
$0.39 0.00 (-0.78%)
Closing price 07/18/2025 04:00 PM Eastern
Extended Trading
$0.39 0.00 (-0.82%)
As of 07/18/2025 07:54 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

Carisma Therapeutics EPS Results

Actual EPS
-$0.31
Consensus EPS
-$0.31
Beat/Miss
Met Expectations
One Year Ago EPS
N/A

Carisma Therapeutics Revenue Results

Actual Revenue
$3.39 million
Expected Revenue
N/A
Beat/Miss
N/A
YoY Revenue Growth
N/A

Carisma Therapeutics Announcement Details

Quarter
Q3 2024
Time
N/A
Conference Call Date
Wednesday, November 6, 2024
Conference Call Time
6:00PM ET

Upcoming Earnings

Carisma Therapeutics' Q2 2025 earnings is scheduled for Wednesday, August 6, 2025, with a conference call scheduled on Tuesday, August 12, 2025 at 4:00 PM ET. Check back for transcripts, audio, and key financial metrics as they become available.

Carisma Therapeutics Earnings Headlines

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About Carisma Therapeutics

Carisma Therapeutics (NASDAQ:CARM), Inc. is a clinical-stage biotechnology company dedicated to developing next-generation cell therapies for cancer and other serious diseases. Building on advances in genetic engineering and immunology, Carisma focuses on harnessing the innate immune system by engineering macrophages to target and destroy tumor cells. The company’s lead program, CT-0508, is a CAR-macrophage therapy directed against HER2-positive solid tumors. Carisma’s approach seeks to overcome key limitations of existing cell therapies by leveraging the unique tumor-penetrating and antigen-presenting capabilities of macrophages, potentially offering a novel treatment paradigm for patients with refractory cancers.

Founded in 2016 and headquartered in Menlo Park, California, Carisma has assembled a pipeline of preclinical and early clinical candidates designed to expand the reach of adoptive cell therapy beyond hematologic malignancies. In addition to CT-0508, the company is advancing programs targeting a variety of tumor-associated antigens, with preclinical data suggesting the potential for durable anti-tumor responses. Carisma’s manufacturing strategy emphasizes scalable, nonviral gene delivery methods, aiming to streamline production and reduce costs while maintaining high cell viability and functionality.

Carisma’s research and development efforts are supported by partnerships with leading academic institutions and translational research centers in North America and Europe. These collaborations enable access to cutting-edge technologies in protein engineering, synthetic biology, and immunometabolism. The company has also forged alliances with contract development and manufacturing organizations to ensure clinical supply and to prepare for potential commercial-scale manufacturing, reflecting its commitment to advancing therapies from bench to bedside.

Led by a seasoned executive team with deep expertise in cell therapy, immuno-oncology and pharmaceutical development, Carisma Therapeutics combines scientific rigor with a patient-centric focus. Its leadership includes executives with prior experience at both large pharmaceutical firms and agile biotech startups, supporting a strategic vision to rapidly translate laboratory discoveries into transformative therapies. With a robust intellectual property portfolio and a growing body of clinical and preclinical data, Carisma is positioned as an innovator in the emerging field of engineered macrophage therapies.

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