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More on ImmunoGen fiscal Q3 results

Apr. 25, 2014 7:19 AM ETImmunoGen, Inc. (IMGN) StockIMGNBy: Douglas W. House, SA News Editor
  • Total revenues: $6.9M (-72.4%), license & milestone fees: $0.3M, Kadycla royalty payments: $2.6M, R&D support fees: $1.9M, clinical materials revenue: $2.1M.
  • Operating expenses: $44.3M (+68.4%).
  • Cash and equivalents as of March 31: $164.1M.
  • CF Ops (9 months): -$34.7M (+28.7%).
  • Updated guidance for FY14:
  • Revenues: $60M - $64M.
  • Operating expenses: $133M - $137M.
  • Net loss: -$71M - -$75M.
  • CF Ops: -$56M - -$60M.
  • CAPEX: $8M - $10M.
  • Cash and equivalents at fiscal year end: $134M - $138M.
  • (NASDAQ:IMGN)

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