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NASDAQ:EYPT

Eyepoint Pharmaceuticals Q1 2024 Earnings Report

Eyepoint Pharmaceuticals logo
$10.85 -0.16 (-1.45%)
Closing price 04:00 PM Eastern
Extended Trading
$11.06 +0.22 (+1.98%)
As of 07:06 PM Eastern
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Eyepoint Pharmaceuticals EPS Results

Actual EPS
-$0.55
Consensus EPS
-$0.34
Beat/Miss
Missed by -$0.21
One Year Ago EPS
N/A

Eyepoint Pharmaceuticals Revenue Results

Actual Revenue
$11.68 million
Expected Revenue
$12.50 million
Beat/Miss
Missed by -$820.00 thousand
YoY Revenue Growth
N/A

Eyepoint Pharmaceuticals Announcement Details

Quarter
Q1 2024
Time
N/A
Conference Call Date
Wednesday, May 8, 2024
Conference Call Time
7:00AM ET

Eyepoint Pharmaceuticals Earnings Headlines

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About Eyepoint Pharmaceuticals

Eyepoint Pharmaceuticals (NASDAQ:EYPT), a clinical-stage biopharmaceutical company, engages in developing and commercializing therapeutics to improve the lives of patients with serious retinal diseases. The company's pipeline leverages its proprietary bioerodible Durasert E technology for sustained intraocular drug delivery. Its lead product candidate is EYP-1901, an investigational sustained delivery treatment for VEGF-mediated retinal diseases combining vorolanib, a selective and patent-protected tyrosine kinase inhibitor with Durasert E which is in Phase 2 clinical trials for wet age-related macular degeneration (wet AMD), non-proliferative diabetic retinopathy (NPDR), and diabetic macular edema (DME). The company's pipeline programs also include EYP-2301, a promising TIE-2 agonist formulated in Durasert E to potentially improve outcomes in serious retinal diseases. The company was formerly known as pSivida Corp. and changed its name to EyePoint Pharmaceuticals, Inc. in March 2018. EyePoint Pharmaceuticals, Inc. was incorporated in 1987 and is headquartered in Watertown, Massachusetts.

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