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Praxis Precision Medicines Q2 2024 Earnings Report

Praxis Precision Medicines logo
$72.11 -5.75 (-7.39%)
(As of 12/3/2024 ET)

Praxis Precision Medicines EPS Results

Actual EPS
-$1.74
Consensus EPS
-$2.38
Beat/Miss
Beat by +$0.64
One Year Ago EPS
N/A

Praxis Precision Medicines Revenue Results

Actual Revenue
$0.36 million
Expected Revenue
$1.44 million
Beat/Miss
Missed by -$1.08 million
YoY Revenue Growth
N/A

Praxis Precision Medicines Announcement Details

Quarter
Q2 2024
Time
N/A

Conference Call Resources

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When the team that built Zillow into a $16B real estate leader launches a new company, it’s worth paying attention. That’s why top firms like SoftBank and Maveron have already backed their latest venture, a company that’s transforming the $1.3 trillion vacation home market.

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Praxis Precision Medicines Earnings Headlines

Praxis Precision Medicines, Inc. (PRAX)
Lock in this disruptor’s share price before 12/5
Spencer Rascoff co-founded Zillow. Austin Allison sold his company to Zillow for $125M. Now they’ve joined forces to launch a venture transforming the $1.3T vacation home market – and the results are already turning heads. This company is leading the co-ownership revolution, offering buyers a chance to own a fraction of a luxury vacation home instead of the entire thing. It’s a model that’s unlocked new demand and earned them over $100M in gross profits in four years.
Piper Sandler Gives a Buy Rating to Praxis Precision Medicines (PRAX)
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About Praxis Precision Medicines

Praxis Precision Medicines, Inc., a clinical-stage biopharmaceutical company, engages in the development of therapies for central nervous system disorders characterized by neuronal excitation-inhibition imbalance. It is developing ulixacaltamide, a small molecule inhibitor of T-type calcium channels that is in Phase III clinical trial for the treatment of essential tremor; PRAX-562 for the treatment of pediatric patients with developmental and epileptic encephalopathies (DEE); and PRAX-628 to treat focal epilepsy. The company also develops PRAX-222 for the treatment of pediatric patients with early-onset SCN2A-DEE; PRAX-020 to treat KCNT1 related epilepsies; PRAX-080 for the treatment of PCDH19; and PRAX-090 and PRAX-100 for SYNGAP1 and SCN2A-LoF. It has a license agreement with RogCon Inc.; a research collaboration and license agreement with Ionis Pharmaceuticals, Inc.; a strategic collaboration and license agreement with UCB Biopharma SRL; and collaboration with The Florey Institute to develop three novel ASOs. The company was incorporated in 2015 and is based in Boston, Massachusetts.

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