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Reneo Pharmaceuticals, Inc.
RPHM•NASDAQ
Healthcare
Biotechnology
$18.20
$16.47(952.02%)

The company's financials show resilient growth, with revenue advancing from $0.00 in Q3 2023 to $0.00 in Q2 2024. Gross profit remained healthy with margins at N/A in Q2 2024 compared to N/A in Q3 2023. Operating income hit -$6.36M last quarter, sustaining a consistent N/A margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at -$6.35M. Net income rose to -$5.36M, while earnings per share reached -$0.16. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.
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