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Monte Rosa Therapeutics Q1 2024 Earnings Report

Monte Rosa Therapeutics logo
$5.66 -0.10 (-1.74%)
As of 01/17/2025 04:00 PM Eastern

Monte Rosa Therapeutics EPS Results

Actual EPS
-$0.53
Consensus EPS
-$0.56
Beat/Miss
Beat by +$0.03
One Year Ago EPS
N/A

Monte Rosa Therapeutics Revenue Results

Actual Revenue
$1.06 million
Expected Revenue
$4.29 million
Beat/Miss
Missed by -$3.23 million
YoY Revenue Growth
N/A

Monte Rosa Therapeutics Announcement Details

Quarter
Q1 2024
Time
N/A

Monte Rosa Therapeutics Earnings Headlines

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Monte Rosa downgraded to Equal Weight from Overweight at Wells Fargo
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About Monte Rosa Therapeutics

Monte Rosa Therapeutics (NASDAQ:GLUE), a clinical-stage biotechnology company, engages in the development of novel small molecule precision medicines that employ the body's natural mechanisms to selectively degrade therapeutically relevant proteins. The company develops MRT-2359, an orally bioavailable molecular glue degrader targeting the translation termination factor protein GSPT1 for the treatment of MYC-driven tumors; MRT-6160 for the treatment of systemic and central nervous system autoimmune diseases; and MRT-8102 for the treatment of IL-1?/NLRP3 driven inflammatory diseases. It also develops CDK2 to treat ovarian, uterine, and breast cancers. The company was incorporated in 2019 and is headquartered in Boston, Massachusetts.

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