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Avalo Therapeutics Q1 2023 Earnings Report

Avalo Therapeutics logo
$9.28 -0.10 (-1.07%)
(As of 05:26 PM ET)

Avalo Therapeutics EPS Results

Actual EPS
-$204.00
Consensus EPS
-$232.80
Beat/Miss
Beat by +$28.80
One Year Ago EPS
N/A

Avalo Therapeutics Revenue Results

Actual Revenue
$0.48 million
Expected Revenue
$1.00 million
Beat/Miss
Missed by -$520.00 thousand
YoY Revenue Growth
N/A

Avalo Therapeutics Announcement Details

Quarter
Q1 2023
Time
N/A

Conference Call Resources

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Avalo Therapeutics Earnings Headlines

Avalo Therapeutics receives $69.4M in proceeds from exercise of warrants
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Oppenheimer Remains a Buy on Avalo Therapeutics (AVTX)
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About Avalo Therapeutics

Avalo Therapeutics (NASDAQ:AVTX), a clinical stage biotechnology company, focuses on the development of therapies for the treatment of immune dysregulation in the Unites States. The company's drug candidates include AVTX-009, an Anti-IL-1ß monoclonal antibody which is under Phase I targeting inflammatory diseases; and AVTX-008, a fully human B and T lymphocyte attenuator agonist fusion protein for the treatment of immune dysregulation disorders. It also develops Quisovalimab (AVTX-002), an Anti-LIGHT mAb which is in phase II for immune-inflammatory diseases. The company was formerly known as Cerecor Inc. and changed its name to Avalo Therapeutics, Inc. in August 2021. Avalo Therapeutics, Inc. was incorporated in 2011 and is headquartered in Rockville, Maryland.

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