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Revolution Medicines Q2 2023 Earnings Report

Revolution Medicines logo
$40.29 +0.39 (+0.98%)
As of 01/17/2025 04:00 PM Eastern

Revolution Medicines EPS Results

Actual EPS
-$0.92
Consensus EPS
-$0.82
Beat/Miss
Missed by -$0.10
One Year Ago EPS
-$0.82

Revolution Medicines Revenue Results

Actual Revenue
$3.82 million
Expected Revenue
$1.56 million
Beat/Miss
Beat by +$2.26 million
YoY Revenue Growth
-58.10%

Revolution Medicines Announcement Details

Quarter
Q2 2023
Time
After Market Closes

Conference Call Resources

Conference Call Audio

Revolution Medicines Earnings Headlines

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About Revolution Medicines

Revolution Medicines (NASDAQ:RVMD), a clinical-stage precision oncology company, develops novel targeted therapies for RAS-addicted cancers. The company's research and development pipeline comprises RAS(ON) inhibitors designed to be used as monotherapy in combination with other RAS(ON) inhibitors and/or in combination with RAS companion inhibitors or other therapeutic agents, and RAS companion inhibitors for combination treatment strategies. Its RAS(ON) inhibitors include RMC-6236 (multi), RMC-6291 (G12C), and RMC-9805 (G12D), which are in phase 1 clinical trial; and development candidates comprise RMC-5127 (G12V), RMC-0708 (Q61H), and RMC-8839 (G13C), as well as programs focused on G12R and other targets. The company's RAS companion inhibitors include RMC-4630 that is in phase 2 clinical trial; and RMC-5552, which is in phase 1 clinical trial. Revolution Medicines, Inc. was incorporated in 2014 and is headquartered in Redwood City, California.

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