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NASDAQ:GOSS

Gossamer Bio Q3 2024 Earnings Results & Report

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$8.97 -0.79 (-8.10%)
As of 03:33 PM Eastern
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Gossamer Bio beat analyst expectations on both earnings and revenue in its Q3 2024 results, released November 7, 2024. The company reported EPS of -$11.20 versus the -$14.40 consensus estimate, while revenue of $9.48 million topped the $4.52 million estimate by $4.96 million.

Earnings Announcement Details

Quarter
Q3 2024
Report Date
Time
After Market Closes
Conference Call
3:00 PM ET

Gossamer Bio EPS Results

Actual EPS
-$11.20
Consensus EPS
-$14.40
Beat/Miss
Beat by +$3.20
One Year Ago EPS
N/A
EPS Beat Rate
3 of last 8 quarters

Gossamer Bio Revenue Results

Actual Revenue
$9.48 million
Expected Revenue
$4.52 million
Beat/Miss
Beat by +$4.96 million
YoY Revenue Growth
N/A

Upcoming Earnings

Gossamer Bio's Q3 2026 earnings is estimated for Wednesday, November 4, 2026, based on past reporting schedules

Gossamer Bio Q3 2024 Earnings FAQ

Gossamer Bio (NASDAQ:GOSS) reported earnings of -$11.20 per share for Q3 2024, beating the consensus estimate of -$14.40. The report was announced on Thursday, November 7, 2024.

Gossamer Bio reported revenue of $9.48 million for Q3 2024, against a consensus estimate of $4.52 million.

Gossamer Bio's next earnings date is estimated for Wednesday, November 4, 2026. MarketBeat tracks confirmed and estimated earnings dates for Gossamer Bio on the company's earnings history page.

Gossamer Bio Earnings Headlines

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About Gossamer Bio

Gossamer Bio (NASDAQ:GOSS) is a clinical-stage biopharmaceutical company focused on discovering, developing and commercializing medicines for patients with disorders involving the immune system, inflammation and fibrosis. The company is headquartered in San Diego, California, and primarily operates through the development of its proprietary drug candidates and strategic collaborations.

Gossamer’s lead product candidate is seralutinib, an inhaled tyrosine kinase inhibitor designed to target pathways associated with pulmonary vascular remodeling. The therapy is being evaluated for pulmonary arterial hypertension, a serious and progressive disease affecting the blood vessels of the lungs. Seralutinib has advanced into late-stage clinical development, with the company seeking to establish its safety and efficacy as a potential treatment option.

The company has also developed additional programs targeting immune and inflammatory diseases, including investigational therapies directed at kinase and other disease-related pathways. Gossamer Bio was founded in 2015 and became a publicly traded company in 2019. Its research and development activities are focused primarily on the United States, while collaborations with international pharmaceutical companies support the potential development and commercialization of its therapies in global markets.

Faheem Hasnain, a co-founder of Gossamer Bio, has served as the company’s chairman and chief executive officer. The company’s strategy centers on advancing internally developed therapies through clinical trials and working with strategic partners to expand the reach of successful treatments.

View Gossamer Bio Profile