Talk about a under estimated or a killer unexpected operating income! Hehehe!
$Fulcrum Therapeutics (FULC.US)$ Fulcrum Therapeutics Q2 Operating Income USD 52.492 Million Vs. IBES Estimate USD 361.4 Thousand! Hope the rest of the earnings looks like this? hehehe
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Lnova : whoa
Trytosaveabit OP Lnova : Quite the underestimate right! Hehehe
Lnova : “Liquidity
The Company has incurred recurring losses and negative cash flows from operations since inception and has primarily funded its operations with proceeds from the sale of shares of its capital stock and from upfront payments received from collaboration and license agreements. As of June 30, 2024, the Company had an accumulated deficit of $481.1 million. The Company expects its operating losses and negative operating cash flows to continue into the foreseeable future as it continues to expand its research and development efforts. The Company expects to finance its future cash needs through a combination of equity offerings, debt financings, collaborations, strategic alliances and marketing, distribution or licensing arrangements” from report just posted
Lnova Trytosaveabit OP : Do you think the part in their report just posted about the $400+ mil debt negates that or?
hmm
Trytosaveabit OP Lnova : Thanks for sharing! But for me it’s only a day trade when / if I trade it! So the immediate effects of a good Q versus their actual financial shape is what raises the price. Albeit temporary! Hehehe the improvement in earnings report is a catalyst possibly? But the overall performance is definitely why it wouldn’t hold any temporary gains! Hehehe
Trytosaveabit OP Lnova : Will have to see at market open!
Lnova Trytosaveabit OP : Yeah that surprises me you have a good eye to catch that
Trytosaveabit OP Lnova : Why thanks for noticing! Hehehe J/K! But thank you🩷
Lnova : I bought a bit, the ask price is higher than the current price, I think it’ll go up
Trytosaveabit OP Lnova : I believe it will get a bit of a PI today as well? GL
View more comments...