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NASDAQ:LYRA

Lyra Therapeutics Q4 2023 Earnings Report

Lyra Therapeutics logo
$6.35 0.00 (0.00%)
Closing price 09/19/2025 04:00 PM Eastern
Extended Trading
$6.40 +0.06 (+0.87%)
As of 09/19/2025 07:46 PM Eastern
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Lyra Therapeutics EPS Results

Actual EPS
-$11.00
Consensus EPS
-$16.50
Beat/Miss
Beat by +$5.50
One Year Ago EPS
N/A

Lyra Therapeutics Revenue Results

Actual Revenue
$0.15 million
Expected Revenue
$0.52 million
Beat/Miss
Missed by -$370.00 thousand
YoY Revenue Growth
N/A

Lyra Therapeutics Announcement Details

Quarter
Q4 2023
Time
N/A
Conference Call Date
Thursday, March 21, 2024
Conference Call Time
4:00PM ET

Upcoming Earnings

Lyra Therapeutics' Q3 2025 earnings is scheduled for Tuesday, November 11, 2025

Lyra Therapeutics Earnings Headlines

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Lyra Therapeutics Posts 85% Q2 Loss Drop
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About Lyra Therapeutics

Lyra Therapeutics (NASDAQ:LYRA) is a clinical-stage biopharmaceutical company dedicated to developing targeted drug delivery therapies for diseases of the ear, nose and throat (ENT). Leveraging its proprietary Therapeutic Drug Delivery (TDD) platform, the company designs bioresorbable, steroid-eluting implants that provide sustained, localized release of medication directly to affected tissue. This approach aims to improve patient outcomes by reducing the need for repeated administration and minimizing systemic side effects.

The company’s lead product candidate, LYR-210, is an implantable matrix that delivers the corticosteroid mometasone furoate over several months to treat chronic rhinosinusitis (CRS). LYR-210 is currently advancing through pivotal Phase 3 clinical trials, following positive Phase 2 data demonstrating significant improvements in symptom control and quality of life measures. In addition, Lyra is developing LYR-220 for chronic obstructive pulmonary disease (COPD) and exploring other respiratory indications, all based on its sustained-release implant technology.

Founded in 2015 and headquartered in Lynnfield, Massachusetts, Lyra Therapeutics operates research and development facilities in the United States. The company is led by President and Chief Executive Officer Bryan J. Bork, supported by a management team with extensive expertise in drug delivery, drug development and regulatory strategy. As Lyra advances its pipeline through clinical development, it seeks to establish partnerships for commercial manufacturing and expand its platform into additional ENT and respiratory disease areas.

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