2seventy bio Reports Fourth Quarter and Full Year 2024 Financial Results

2seventy bio, Inc. (TSVT)
Company Research
Source: Business Wire
Entered into definitive merger agreement to be acquired by Bristol Myers Squibb at a price of $5.00 per share in an all-cash transaction; expected to close in the second quarter of 2025Abecma generated $242 million U.S. sales in 202479% reduction in year-over-year net cash spend reflects continued streamlining of cost structureEnded 2024 with approximately $184 million in cash, cash equivalents, and marketable securities CAMBRIDGE, Mass.--(BUSINESS WIRE)--2seventy bio, Inc. (Nasdaq: TSVT), today reported financial results and recent highlights for the fourth quarter and full year ended December 31, 2024.“2024 was a pivotal year for 2seventy as we made significant changes to our business to streamline cost structure and focus solely on Abecma,
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News
- 2seventy bio Reports Fourth Quarter and Full Year 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
- 2seventy bio, Inc. (NASDAQ: TSVT) had its "sell (e+)" rating re-affirmed by analysts at Weiss Ratings.MarketBeat
- 2SEVENTY INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of 2seventy bio, Inc. - TSVTBusiness Wire
- 2seventy bio, Inc. (NASDAQ: TSVT) had its price target lowered by analysts at Morgan Stanley from $6.00 to $5.00. They now have an "equal weight" rating on the stock.MarketBeat
- 2seventy bio, Inc. (NASDAQ: TSVT) was downgraded by analysts at Leerink Partnrs from a "strong-buy" rating to a "hold" rating.MarketBeat
TSVT
Earnings
- 3/25/25 - Miss
TSVT
Sec Filings
- 3/25/25 - Form 10-K
- 3/25/25 - Form 8-K
- 3/19/25 - Form 4
- TSVT's page on the SEC website