Rocket Pharmaceuticals' Q3 Earnings Beat, Pipeline in Focus [Yahoo! Finance]
Rocket Pharmaceuticals, Inc. (RCKT)
Last rocket pharmaceuticals, inc. earnings: 3/5 07:00 am
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US:NASDAQ Investor Relations:
rocketpharma.com
Company Research
Source: Yahoo! Finance
In the year-ago quarter, the company had reported a loss of 75 cents per share. In the absence of any marketed product in its portfolio, Rocket Pharmaceuticals did not record any revenues during the third quarter. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. In the reported quarter, general and administrative (G&A) expenses rose 45.7% year over year to $27.1 million. The increase was due to a rise in the company's commercial preparation expenses, which included commercial strategy, medical affairs, legal and other expenses. Research and development (R&D) expenses were $42.3 million, down 9.6% from the year-ago quarter's figure. The downside was due to reduced manufacturing and development costs. As of Sept. 30, 2024, Rocket Pharmaceuticals had cash, cash equivalents and investments of $235.7 million compared with $278.8 million on June 30, 2024. Management expects this cash balance to fund operations and meet capital expenditure requirements into
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RCKT
News
- Yahoo Finance [Yahoo! Finance]Yahoo! Finance
- Rocket Pharmaceuticals, Inc. (NASDAQ: RCKT) is now covered by analysts at Jefferies Financial Group Inc.. They set a "buy" rating and a $29.00 price target on the stock.MarketBeat
- Rocket Pharmaceuticals Announces Pricing of Upsized Public Offering of Common Stock [Yahoo! Finance]Yahoo! Finance
- Rocket Pharmaceuticals Announces Pricing of Upsized Public Offering of Common StockBusiness Wire
- Rocket Pharmaceuticals Announces Proposed Public Offering of Common StockBusiness Wire
RCKT
Earnings
- 11/7/24 - Beat
RCKT
Sec Filings
- 12/16/24 - Form SC
- 12/16/24 - Form 4
- 12/12/24 - Form 8-K
- RCKT's page on the SEC website