Q2 FY2026 EarningsQ2 FY2026 results showed a significant revenue miss ($0.76M vs. $2.57M consensus) primarily due to lower collaboration reimbursements. However, Diluted GAAP EPS of -$0.14 beat the -$0.16 consensus, aided by a $7.17M non-cash gain from the fair value change in warrant liabilities. Management provided a critical cash runway extension into 2029, supporting multiple clinical readouts for the IRD gene therapy pipeline through late 2027.
Overview: Opus Genetics(IRD) the Revenue is 755 K (-73.8%), Miss estimate;the EBIT is -16.48 M (-85.04%), Miss estimate;the EPS is -0.08 (+33.33%), Beat estimate.