Clene Reports $3.9M Q3 Net Income, Cash Runway Through Mid-Q1 2027
Clene reported Q3 2026 net income of $3.9 million, compared with an $8.8 million net loss a year earlier. Cash stood at $9.9 million on Sept. 30, 2026; the company expects its runway to extend through mid-Q1 2027.
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01:41:36 PM UTC
SquawkNews
Clene reported 2026 results with revenue of $56K, compared with $15K in the prior-year period, while net income was $3.92M versus a net loss of $8.78M. Diluted EPS was $0.05, compared with a loss of $0.85 per share.Financial Highlights¹ Reported as “Total revenue”. ² Reported as “Net income (loss)”…
Clene reported Q3 2026 net income of $3.9M versus an $8.8M net loss in Q3 2025; other income included a warrant-liability fair-value change. Cash was $9.9M at Sept. 30, 2026, and the company expects runway through mid-Q1 2027. It submitted an ALS NDA in October.Material DetailsContext by AI Analyst…