Can-Fite BioPharma Q2 2023 Earnings Report

Can-Fite BioPharma EPS Results

• Actual EPS: -$0.40
• Consensus EPS: -$0.54
• Beat/Miss: Beat by +$0.14
• One Year Ago EPS: N/A

Can-Fite BioPharma Revenue Results

• Actual Revenue: $0.20 million
• Expected Revenue: $0.20 million
• Beat/Miss: Met Expectations
• YoY Revenue Growth: N/A

Can-Fite BioPharma Announcement Details

• Quarter: Q2 2023
• Date: 8/31/2023
• Time: N/A

Can-Fite BioPharma (NYSE:CANF), a clinical-stage biopharmaceutical company, develops small molecule therapeutic products for the treatment of cancer, liver inflammatory diseases, and erectile dysfunction. The company's lead drug candidate Piclidenoson, which has been completed Phase III clinical trial for the treatment of psoriasis; and Phase II clinical trial for the treatment of COVID-19. It also develops Namodenoson that is in Phase III clinical trial for the treatment of hepatocellular carcinoma, as well as in Phase IIb trial for the treatment of non-alcoholic steatohepatitis; and CF602, which is in pre-clinical trial for the treatment of erectile dysfunction. In addition, the company develops commercial predictive biomarker blood test kit for A3AR. Can-Fite BioPharma Ltd. has license and collaboration agreement with CMS Medical to develop, manufacture, and commercialize Piclidenoson and Namodenoson; and collaboration agreement with Univo Pharmaceuticals to identify and co-develop specific formulations of cannabis components for the treatment of cancer, inflammatory, autoimmune, and metabolic diseases. The company was formerly known as Can-Fite Technologies Ltd. and changed its name to Can-Fite BioPharma Ltd. in January 2001. Can-Fite BioPharma Ltd. was incorporated in 1994 and is headquartered in Petah Tikva, Israel.