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Kyverna Therapeutics reports Q3 EPS (85c), consensus (95c)

Reports Q3 R&D expenses $30.5M and G&A expenses $8.3M. Cash, cash equivalents, and marketable securities were $171.1M as of September 30. Including an initial $25M drawn from a new loan facility in November, the company expects to have a cash runway into 2027. “Kyverna’s execution across significant clinical and corporate milestones provides us with strong momentum heading into the new year,” said Warner Biddle, CEO of Kyverna Therapeutics (KYTX).

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