Clene reports Q3 EPS ($1.22), consensus ($1.32)

Reports Q3 revenue $87k, consensus $90k. Clene’s (CLNN) cash, cash equivalents and marketable securities totaled $14.6 million as of September 30, 2024, compared to $35.0 million as of December 31, 2023. Clene expects that its resources as of September 30, 2024 combined with gross proceeds raised in the October offering, will be sufficient to fund its operations into the first quarter of 2025.