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NASDAQ:CABA

Cabaletta Bio Q4 2023 Earnings Report

Cabaletta Bio logo
$1.48 -0.02 (-1.01%)
As of 10:52 AM Eastern
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Cabaletta Bio EPS Results

Actual EPS
-$0.46
Consensus EPS
-$0.39
Beat/Miss
Missed by -$0.07
One Year Ago EPS
N/A

Cabaletta Bio Revenue Results

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

Cabaletta Bio Announcement Details

Quarter
Q4 2023
Time
N/A
Conference Call Date
Thursday, March 21, 2024
Conference Call Time
8:00AM ET

Upcoming Earnings

Cabaletta Bio's Q1 2025 earnings is scheduled for Wednesday, August 6, 2025

Cabaletta Bio Earnings Headlines

$100 Trillion “AI Metal” Found in American Ghost Town
Jeff Brown recently traveled to a ghost town in the middle of an American desert… To investigate what could be the biggest technology story of this decade. In short, he believes what he's holding in his hand is the key to the $100 trillion AI boom… And only one company here in the U.S. can mine this obscure metal.
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About Cabaletta Bio

Cabaletta Bio (NASDAQ:CABA) is a clinical-stage biotechnology company focused on the discovery and development of precision T cell therapies for patients with severe autoimmune and chronic inflammatory diseases. Utilizing its proprietary chimeric autoantibody receptor T cell (CAAR-T) platform, Cabaletta engineers antigen-specific T cells designed to selectively target and eliminate pathogenic, autoreactive B cells while sparing protective immune cells. The company’s lead candidate, DSG3-CAART, is currently being evaluated in patients with mucocutaneous pemphigus vulgaris, a rare and potentially life-threatening skin disorder driven by autoantibodies against desmoglein 3.

In addition to its lead program, Cabaletta is advancing a pipeline of next-generation CAAR-T and related T cell therapies for other antibody-mediated conditions including muscle-specific kinase (MuSK) myasthenia gravis and other severe autoimmunity targets. Preclinical studies indicate that the firm’s modular platform may be readily adapted to different disease-relevant antigens, offering the potential for a broad range of applications across immunological diseases. Cabaletta also maintains strategic collaborations and research partnerships to support translational studies and expand its pipeline.

Founded in 2017 as a spin-out from academic research at the University of Pennsylvania, Cabaletta Bio is headquartered in Philadelphia, Pennsylvania. The company operates a research and development hub that integrates cell engineering, translational immunology, and clinical operations. With an emphasis on rigorous scientific validation, Cabaletta has secured necessary regulatory clearances to initiate multiple early-stage clinical trials in the United States and plans to expand its trial network globally.

Led by a seasoned management team with extensive experience in cell therapy, immunology and late-stage clinical development, Cabaletta is guided by CEO David P. Lockhart, Ph.D., whose prior roles include senior leadership positions at major biotechnology and pharmaceutical companies. Supported by a board of directors and advisors comprising both industry veterans and academic experts, the company is positioned to advance its innovative T cell therapies toward potential registration and commercialization.

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