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NASDAQ:FHTX

Foghorn Therapeutics Q2 2024 Earnings Report

Foghorn Therapeutics logo
$4.44 +0.24 (+5.71%)
Closing price 04:00 PM Eastern
Extended Trading
$4.43 -0.01 (-0.11%)
As of 05:05 PM Eastern
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Foghorn Therapeutics EPS Results

Actual EPS
-$0.45
Consensus EPS
-$0.60
Beat/Miss
Beat by +$0.15
One Year Ago EPS
N/A

Foghorn Therapeutics Revenue Results

Actual Revenue
$6.89 million
Expected Revenue
$6.60 million
Beat/Miss
Beat by +$290.00 thousand
YoY Revenue Growth
N/A

Foghorn Therapeutics Announcement Details

Quarter
Q2 2024
Time
Before Market Opens
Conference Call Date
Thursday, August 8, 2024
Conference Call Time
9:30AM ET

Upcoming Earnings

Foghorn Therapeutics' Q2 2026 earnings is estimated for Wednesday, May 13, 2026, based on past reporting schedules

Foghorn Therapeutics Earnings Headlines

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About Foghorn Therapeutics

Foghorn Therapeutics (NASDAQ:FHTX) is a clinical-stage biotechnology company focused on the discovery and development of novel epigenetic therapies for cancer. The company leverages its proprietary Targeted Protein Discovery Platform to identify and design small-molecule inhibitors that modulate chromatin regulatory proteins involved in tumor growth and survival. By targeting the mechanisms that control gene expression, Foghorn seeks to address unmet needs in oncology through precision medicine.

The company’s lead candidate, FHD-286, is a selective inhibitor of variant SWI/SNF chromatin remodeling complexes and is currently being evaluated in Phase 1 clinical trials for patients with solid tumors harboring specific SMARCA2 and SMARCA4 alterations. In addition to FHD-286, Foghorn maintains a pipeline of preclinical programs aimed at other chromatin targets, with the goal of advancing multiple development candidates into the clinic over the coming years.

Founded in 2015 and headquartered in Cambridge, Massachusetts, Foghorn Therapeutics was established with support from leading life-science investors. The company operates research and development activities in the United States and collaborates with academic and industry partners to accelerate the translation of its discoveries into potential therapeutic options for patients worldwide.

Under the leadership of President and Chief Executive Officer Robert Mulroy, PhD, Foghorn has built a multidisciplinary team with expertise in epigenetics, medicinal chemistry, structural biology and translational medicine. The company’s strategic vision emphasizes innovation in chromatin biology and a commitment to developing differentiated treatments for oncology.

View Foghorn Therapeutics Profile