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Palatin Technologies Inc (PTN) Q1 2025 Earnings Call Highlights: Strategic Shifts Amid Revenue ... [Yahoo! Finance]

Palatin Technologies, Inc. (PTN) 
NASDAQ:AMEX Investor Relations: palatin.com/investors/overview
Company Research Source: Yahoo! Finance
Operating Expenses: $7.8 million for Q1 FY2025, down from $8.2 million in Q1 FY2024. Net Cash Used in Operations: $7 million for Q1 FY2025, up from $5.9 million in Q1 FY2024. Net Loss: $7.8 million for Q1 FY2025, compared to $5.2 million in Q1 FY2024. Cash and Cash Equivalents: $2.4 million as of September 30, 2024, down from $9.5 million as of June 30, 2024. Warning! GuruFocus has detected 4 Warning Signs with PTN. Release Date: November 14, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript Palatin Technologies Inc ( PTN ) completed the sale of Vyleesi's worldwide rights for female sexual dysfunction to Cosette Pharmaceuticals for up to $171 million, providing a significant financial boost. The company is focusing its future investments on core programs in obesity, which is a market expected to exceed $100 billion annually. Palatin's Phase II study on obesity treatment is fully enrolled, with top-line results e Show less Read more
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