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Ocular Therapeutix Q1 2024 Earnings Report

Ocular Therapeutix logo
$7.00 -0.25 (-3.45%)
As of 04:00 PM Eastern

Ocular Therapeutix EPS Results

Actual EPS
-$0.24
Consensus EPS
-$0.18
Beat/Miss
Missed by -$0.06
One Year Ago EPS
N/A

Ocular Therapeutix Revenue Results

Actual Revenue
$14.77 million
Expected Revenue
$15.43 million
Beat/Miss
Missed by -$660.00 thousand
YoY Revenue Growth
N/A

Ocular Therapeutix Announcement Details

Quarter
Q1 2024
Time
N/A

Ocular Therapeutix Earnings Headlines

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Ocular Therapeutix Inc
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About Ocular Therapeutix

Ocular Therapeutix (NASDAQ:OCUL), a biopharmaceutical company, focuses on the formulation, development, and commercialization of therapies for diseases and conditions of the eye using its bioresorbable hydrogel-based formulation technology in the United States. The company markets DEXTENZA, a dexamethasone ophthalmic insert to treat post-surgical ocular inflammation and pain following ophthalmic surgery, as well as allergic conjunctivitis. It is developing AXPAXLI, an axitinib intravitreal implant that is in phase 3 trials for the treatment of wet age-related macular degeneration and other retinal diseases; PAXTRAVA, a travoprost intracameral implant, which is in phase 2 clinical trials for the treatment of open-angle glaucoma or ocular hypertension; OTX-CSI, a cyclosporine intracanalicular insert that has completed phase 2 clinical trials for the treatment of dry eye disease; and OTX-DED, a dexamethasone intracanalicular insert, which is in phase 2 clinical trials for the short-term treatment of the signs and symptoms of dry eye disease. In addition, the company offers modulator for intermediate and late dry age-related macular degeneration; and gene delivery for inherited retinal degenerations and protein biofactory indications. The company has a strategic collaboration with Regeneron Pharmaceuticals, Inc. (Regeneron) for the development and commercialization of products using the company's sustained-release hydrogel in combination with Regeneron's large molecule VEGF-targeting compounds for the treatment of retinal diseases; and AffaMed Therapeutics Limited for the development and commercialization of DEXTENZA and OTX-TIC. Ocular Therapeutix, Inc. was incorporated in 2006 and is headquartered in Bedford, Massachusetts.

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