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home / news releases / RAIN - Rain Therapeutics EPS misses by $0.23; issues guidance


RAIN - Rain Therapeutics EPS misses by $0.23; issues guidance

Rain Therapeutics (RAIN): Q1 GAAP EPS of -$1.93 misses by $0.23.As of March 31, 2021, Rain had $53.1M in cash and cash equivalents which does not include the net proceeds from the IPO in April 2021 of $121.9M.The Company expects the full year 2021 net cash used in operating and investing activities to be ~$50.0M to $60.0M and a projected year end cash balance of ~$137.0M to $147.0M in cash and cash equivalents.Press Release

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Rain Therapeutics EPS misses by $0.23; issues guidance
Stock Information

Company Name: Rain Therapeutics Inc.
Stock Symbol: RAIN
Market: NASDAQ
Website: rainthera.com

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