Stoke Therapeutics Q2 2023 Earnings Report

Stoke Therapeutics EPS Results

• Actual EPS: -$0.69
• Consensus EPS: -$0.63
• Beat/Miss: Missed by -$0.06
• One Year Ago EPS: N/A

Stoke Therapeutics Revenue Results

• Actual Revenue: ($2.48) million
• Expected Revenue: $4.00 million
• Beat/Miss: Missed by -$6.48 million
• YoY Revenue Growth: N/A

Stoke Therapeutics Announcement Details

• Quarter: Q2 2023
• Date: 8/7/2023
• Time: Before Market Opens

Stoke Therapeutics (NASDAQ:STOK), an early-stage biopharmaceutical company, develops medicines to treat the underlying causes of severe genetic diseases in the United States. The company utilizes its proprietary targeted augmentation of nuclear gene output to develop antisense oligonucleotides to selectively restore protein levels. Its lead clinical candidate is STK-002, which is in preclinical stage for the treatment of autosomal dominant optic atrophy. The company also develops STK-001, which is in phase I/II clinical trial to treat Dravet syndrome; and programs focused on multiple targets, including haploinsufficiency diseases of the central nervous system and eye. The company has a license and collaboration agreement with Acadia Pharmaceuticals Inc. for the discovery, development, and commercialization of novel RNA-based medicines for the treatment of severe and rare genetic neurodevelopmental diseases of the central nervous system. The company was formerly known as ASOthera Pharmaceuticals, Inc. and changed its name to Stoke Therapeutics, Inc. in May 2016. Stoke Therapeutics, Inc. was incorporated in 2014 and is headquartered in Bedford, Massachusetts.