Caribou Biosciences Q2 2024 Earnings Report

Caribou Biosciences EPS Results

• Actual EPS: -$0.42
• Consensus EPS: -$0.46
• Beat/Miss: Beat by +$0.04
• One Year Ago EPS: N/A

Caribou Biosciences Revenue Results

• Actual Revenue: $3.46 million
• Expected Revenue: $3.31 million
• Beat/Miss: Beat by +$150.00 thousand
• YoY Revenue Growth: N/A

Caribou Biosciences Announcement Details

• Quarter: Q2 2024
• Date: 8/6/2024
• Time: TAS
• Conference Call Date: Tuesday, August 6, 2024
• Conference Call Time: 4:00PM ET

Caribou Biosciences (NASDAQ:CRBU) is a clinical-stage biopharmaceutical company that leverages its proprietary CRISPR-Cas gene-editing platform to develop transformative cell therapies and in vivo treatments for a range of cancers and genetic diseases. The company’s core technology enables precise modification of cellular genomes, allowing the design of engineered T-cell and NK-cell therapies aimed at improving safety, efficacy and persistence in patients with hematologic and solid tumor malignancies. Alongside its oncology portfolio, Caribou is advancing in vivo editing programs targeting monogenic disorders, with initiatives in areas such as Duchenne muscular dystrophy and familial amyloidosis.

Established in 2011 and headquartered in Berkeley, California, Caribou Biosciences was co-founded by Nobel laureate Jennifer Doudna, one of the pioneers of CRISPR gene-editing technology. The company holds licenses to foundational CRISPR intellectual property from the University of California, enabling continuous innovation in genome engineering. Since completing its initial public offering in August 2021, Caribou has focused on progressing its clinical pipeline and expanding manufacturing capabilities to support its growing roster of investigational therapies.

Caribou’s leadership team combines deep expertise in molecular biology, clinical development and manufacturing scale-up, supported by an advisory board that includes leading figures in biotechnology and medicine. The company has established strategic collaborations with pharmaceutical and academic partners to advance its research programs and accelerate clinical translation. Caribou continues to conduct trials across multiple regions, aiming to bring its next-generation cell therapies and in vivo gene-editing treatments to patients worldwide.