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Cidara Therapeutics Q3 2023 Earnings Report

Cidara Therapeutics logo
$19.10 +1.39 (+7.85%)
(As of 02:25 PM ET)

Cidara Therapeutics EPS Results

Actual EPS
-$1.80
Consensus EPS
-$2.80
Beat/Miss
Beat by +$1.00
One Year Ago EPS
N/A

Cidara Therapeutics Revenue Results

Actual Revenue
$12.72 million
Expected Revenue
$8.02 million
Beat/Miss
Beat by +$4.70 million
YoY Revenue Growth
N/A

Cidara Therapeutics Announcement Details

Quarter
Q3 2023
Time
N/A

Conference Call Resources

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Cidara Therapeutics Earnings Headlines

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Cidara Therapeutics to issue 3.89M shares at $14.912 in private placement
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About Cidara Therapeutics

Cidara Therapeutics, Inc., a biotechnology company, focuses on developing targeted therapies for patients facing cancers and other serious diseases. The company's product includes rezafungin acetate, a novel molecule in the echinocandin class of antifungals for the treatment and prevention of invasive fungal infections, including candidemia and invasive candidiasis, which are fungal infections associated with high mortality rates. It also develops its Cloudbreak platform that enables development of novel drug-Fc conjugates, that includes CD388, a potent antiviral designed to deliver universal prevention and treatment of seasonal and pandemic influenza, which is in Phase 1 and Phase 2a clinical trials. The company was formerly known as K2 Therapeutics, Inc. and changed its name to Cidara Therapeutics, Inc. in July 2014. The company was incorporated in 2012 and is based in San Diego, California.

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