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Relay Therapeutics Q2 2023 Earnings Report

Relay Therapeutics logo
$4.46 -0.04 (-0.89%)
(As of 10:33 AM ET)

Relay Therapeutics EPS Results

Actual EPS
-$0.81
Consensus EPS
-$0.78
Beat/Miss
Missed by -$0.03
One Year Ago EPS
-$0.71

Relay Therapeutics Revenue Results

Actual Revenue
$0.12 million
Expected Revenue
$0.81 million
Beat/Miss
Missed by -$690.00 thousand
YoY Revenue Growth
-67.40%

Relay Therapeutics Announcement Details

Quarter
Q2 2023
Time
After Market Closes
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Relay Therapeutics Earnings Headlines

Relay Therapeutics, Inc. (RLAY): A Bull Case Theory
Jefferies Reaffirms Their Buy Rating on Relay Therapeutics (RLAY)
Why I'm telling friends to avoid gold stocks
Back in November, gold made a tiny move of 1.6%. But according to my backtesting by using a special type of gold trade, I would have seen a 141% gain in just a week. It happened again in March. Gold nudged up 1.2%. This time? A 104% overnight gain. And in June? A 1% gold move turned into a 74% gain in two weeks. Granted, there would have been smaller wins and those that did not work out, but you see, there's a reason I'm telling all my friends to hold off from buying gold or regular gold stocks right now. There's a more lucrative way to play the gold market as we enter a new breakout period. It's all about catching what I call "Acceleration Cycles."
TD Cowen Reaffirms Their Buy Rating on Relay Therapeutics (RLAY)
Relay Therapeutics (RLAY) Gets a Buy from Barclays
Relay Therapeutics Reports Promising Data on RLY-2608
See More Relay Therapeutics Headlines
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About Relay Therapeutics

Relay Therapeutics (NASDAQ:RLAY) operates as a clinical-stage precision medicines company. It engages in transforming the drug discovery process with an initial focus on enhancing small molecule therapeutic discovery in targeted oncology and genetic disease indications. The company's lead product candidates include RLY-4008, an oral small molecule inhibitor of fibroblast growth factor receptor 2 (FGFR2), which is in a first-in-human clinical trial for patients with advanced or metastatic FGFR2-altered solid tumors; RLY-2608, a lead mutant-PI3Ka inhibitor program that targets phosphoinostide 3 kinase alpha; and Migoprotafib (GDC-1971), an oral, small molecule, potent and selective inhibitor of the protein tyrosine phosphatase SHP2 that binds and stabilizes Src homology region 2 domain-containing phosphatase-2 (SHP2) as a monotherapy in patients with advanced or metastatic solid tumors. In addition, it has collaboration and license agreements with D. E. Shaw Research, LLC to research certain biological targets through the use of D. E. Shaw Research computational modeling capabilities focused on analysis of protein motion to develop and commercialize compounds and products directed to such targets; and Genentech, Inc. for the development and commercialization of GDC-1971. The company was formerly known as Allostery, Inc. and changed its name to Relay Therapeutics, Inc. in December 2015. Relay Therapeutics, Inc. was incorporated in 2015 and is headquartered in Cambridge, Massachusetts.

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