Alto Neuroscience GAAP EPS of -$0.65

Published 2 months ago Positive
Alto Neuroscience GAAP EPS of -$0.65
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* Alto Neuroscience press release [https://seekingalpha.com/pr/20200203-alto-neuroscience-reports-second-quarter-2025-financial-results-and-recent-business] (NYSE:ANRO [https://seekingalpha.com/symbol/ANRO]): Q2 GAAP EPS of -$0.65.
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As of June 30, 2025 the Company had cash, cash equivalents, and restricted cash of approximately $148.1 million, compared to approximately $168.7 million in cash, cash equivalents, and restricted cash as of December 31, 2024.

The Company expects its cash balance to support planned operations into 2028.

R&D Expenses: Research and development expenses for the quarter ended June 30, 2025 were $13.1 million, as compared to $13.2 million for the same period in 2024.

G&A Expenses: General and administrative expenses for the quarter ended June 30, 2025 were $5.6 million, as compared to $5.2 million for the same period in 2024.

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MORE ON ALTO NEUROSCIENCE

* Seeking Alpha’s Quant Rating on Alto Neuroscience [https://seekingalpha.com/symbol/ANRO/ratings/quant-ratings]
* Historical earnings data for Alto Neuroscience [https://seekingalpha.com/symbol/ANRO/earnings]
* Financial information for Alto Neuroscience [https://seekingalpha.com/symbol/ANRO/income-statement]