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Prelude Therapeutics reports Q3 EPS (45c), consensus (58c)
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Prelude Therapeutics reports Q3 EPS (45c), consensus (58c)

For the three months ended September 30, 2023, net loss was $30.6 M or 45c per share compared to $30Mion, or $0.63 per share, for the prior year period. Included in the net loss for the quarter ended September 30, 2023, was $6.7 million of non-cash expense related to the impact of expensing share-based payments, including employee stock options, as compared to $6.4 million for the same period in 2022. Reports Cash, cash equivalents, and marketable securities as of September 30, 2023, were $230.5 million. Prelude anticipates that its existing cash, cash equivalents and marketable securities will fund Prelude’s operations into 2026.

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