REGENXBIO Reports Fourth Quarter and Full-Year 2018 Financial Results and Recent Operational Highlights

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Regenxbio (RGNX) Tops Q4 EPS by 45c, Revenues Beat

February 27, 2019 4:24 PM EST

Regenxbio (NASDAQ: RGNX) reported Q4 EPS of $0.11, $0.45 better than the analyst estimate of ($0.34). Revenue for the quarter came in at $40.78 million versus the consensus estimate of $17.33 million.

Announces updates from recently expanded RGX-314 Phase I/IIa trial for wet AMDCompleted dosing of six additional subjects in the fourth cohort for a total of 12 subjects; 30 subjects dosed across four cohorts in the trialOn-track to initiate Phase IIb trial for wet AMD in late 2019Continues to advance development of RGX-314 for other chronic retinal diseases; new IND submission for... More