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Spero Therapeutics Q1 2024 Earnings Report

Spero Therapeutics logo
$1.04 +0.01 (+0.97%)
(As of 10:41 AM ET)

Spero Therapeutics EPS Results

Actual EPS
-$0.24
Consensus EPS
-$0.07
Beat/Miss
Missed by -$0.17
One Year Ago EPS
N/A

Spero Therapeutics Revenue Results

Actual Revenue
$9.27 million
Expected Revenue
$16.80 million
Beat/Miss
Missed by -$7.53 million
YoY Revenue Growth
N/A

Spero Therapeutics Announcement Details

Quarter
Q1 2024
Time
N/A
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Spero Therapeutics Earnings Headlines

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Spero Therapeutics downgraded to Hold from Buy at TD Cowen
TD Cowen downgrades Spero Therapeutics (SPRO) to a Hold
Spero Therapeutics: Strategic Shift and Earnings Update
See More Spero Therapeutics Headlines
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About Spero Therapeutics

Spero Therapeutics (NASDAQ:SPRO), a clinical-stage biopharmaceutical company, focuses on identifying, developing, and commercializing novel treatments for multi-drug resistant (MDR) bacterial infections and rare diseases in the United States. The company's product candidates include tebipenem pivoxil hydrobromide (HBr), an oral carbapenem-class antibiotic to treat complicated urinary tract infections, including pyelonephritis for adults; SPR206, an intravenous-administered antibiotic against MDR Gram-negative pathogens comprising carbapenem-resistant enterobacterales (CRE), acinetobacter baumannii, and pseudomonas aeruginosa, as well as negative bacterial infections in the hospital setting; and SPR720, a novel oral antibiotic agent for the treatment of non-tuberculous mycobacterial pulmonary disease. It has license agreement with Meiji Seika Pharma Co., Ltd. to support the development of tebipenem HBr; Everest Medicines to develop, manufacture, and commercialize SPR206 in Greater China, South Korea, and Southeast Asian countries; and Vertex Pharmaceuticals Incorporated for patents relating to SPR720, as well as SPR719, an active metabolite. Spero Therapeutics, Inc. was founded in 2013 and is headquartered in Cambridge, Massachusetts.

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