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NASDAQ:CLSD

Clearside Biomedical Q2 2024 Earnings Report

Clearside Biomedical EPS Results

Actual EPS
-$1.50
Consensus EPS
-$2.10
Beat/Miss
Beat by +$0.60
One Year Ago EPS
-$2.25

Clearside Biomedical Revenue Results

Actual Revenue
$0.09 million
Expected Revenue
$0.25 million
Beat/Miss
Missed by -$160.00 thousand
YoY Revenue Growth
N/A

Clearside Biomedical Announcement Details

Quarter
Q2 2024
Time
After Market Closes
Conference Call Date
Monday, August 12, 2024
Conference Call Time
4:00PM ET

Clearside Biomedical Earnings Headlines

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About Clearside Biomedical

Clearside Biomedical (NASDAQ:CLSD) is a clinical-stage biopharmaceutical company focused on developing and commercializing novel therapies for diseases affecting the back of the eye. The company’s proprietary SCS Microinjector® platform enables targeted delivery of therapeutics into the suprachoroidal space, a potential route to enhance local drug exposure while minimizing off-target effects. Clearside’s approach is designed to address a range of retinal disorders by directly depositing medication adjacent to choroid and retina.

The company’s lead approved product is XIPERE® (triamcinolone acetonide injectable suspension), which has received U.S. Food and Drug Administration clearance for the treatment of macular edema associated with uveitis. In addition to XIPERE, Clearside has advanced several pipeline candidates, including CLS-AX (axitinib injectable suspension) for neovascular age-related macular degeneration and other small-molecule and biologic programs leveraging the suprachoroidal route. These programs are in various stages of clinical development, targeting indications such as diabetic macular edema and wet AMD.

Founded in 2010 and headquartered in Alpharetta, Georgia, Clearside Biomedical completed its initial public offering on the Nasdaq Stock Market under the ticker “CLSD.” The company is led by President and Chief Executive Officer Samir Melhem, who has overseen clinical and regulatory milestones, including FDA approval of XIPERE. Clearside continues to explore both U.S. and ex-U.S. partnerships to expand patient access to its suprachoroidal therapies.

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