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OCUL Positive Sentiment Score: 60/100

Ocular Therapeutix™ To Report Third Quarter 2023 Financial Results

Key Takeaway: Ocular Therapeutix, Inc. announced that it will report its financial results for the third quarter ended September 30, 2023, after the market close on November 7, 2023. Following the release, the management team will host a conference call and webcast at 4:30 p.m. Eastern Time to discuss the results and provide a general business update. The company is engaged in developing innovative therapies for eye diseases and has several products in various stages of clinical trials.

Market Sentiment Analysis

POSITIVE FACTORS

  • Ocular Therapeutix is set to report its third quarter financial results, indicating active corporate engagement.
  • The company is focusing on innovative therapies which may lead to significant growth in the future.
  • Upcoming pivotal trials for products may enhance Ocular Therapeutix's product pipeline.

Full Press Release Details

BEDFORD, Mass., Oct. 24, 2023 (GLOBE NEWSWIRE) -- Ocular Therapeutix, Inc. (NASDAQ:OCUL), a biopharmaceutical company focused on the formulation, development, and commercialization of innovative therapies for diseases and conditions of the eye, today announced that it will report third quarter ended September 30, 2023 financial results after the close on Tuesday, November 7, 2023. Following distribution of the earnings release via wire services, the Ocular Therapeutix management team will host a live conference call and webcast at 4:30 p.m. Eastern Time to review the Company’s financial results and provide a general business update.
Listeners can register for the webcast via this link. Those who plan on participating are advised to join 15 minutes prior to the start time. Analysts wishing to participate in the question and answer session should use this link. A replay of the webcast will be available via the Company’s investor website approximately two hours after the call’s conclusion for 90 days.
About Ocular Therapeutix, Inc.
Ocular Therapeutix, Inc. is a biopharmaceutical company focused on the formulation, development and commercialization of innovative therapies for diseases and conditions of the eye using its proprietary bioresorbable hydrogel-based formulation technology ELUTYX™. Ocular Therapeutix’s first commercial drug product, DEXTENZA®, is an FDA-approved corticosteroid for the treatment of ocular inflammation and pain following ophthalmic surgery and ocular itching associated with allergic conjunctivitis. Ocular Therapeutix’s earlier stage development assets include: OTX-TKI (axitinib intravitreal implant), currently in a pivotal Phase 3 trial for wet AMD and a Phase 1 clinical trial for the treatment of diabetic retinopathy; OTX-TIC (travoprost intracameral implant), currently in a Phase 2 clinical trial for the treatment of primary open-angle glaucoma or ocular hypertension; and OTX-CSI (cyclosporine intracanalicular insert) for the chronic treatment of dry eye disease and OTX-DED (dexamethasone intracanalicular insert) for the short-term treatment of the signs and symptoms of dry eye disease, both of which have completed Phase 2 clinical trials.
Chief Financial Officer
Chris Brinzey, 339-970-2843
Ben Shannon, 443-213-0495

Frequently Asked Questions

When will Ocular Therapeutix announce Q3 2023 results?

Ocular Therapeutix will report its Q3 2023 results on November 7, 2023.

What time is the live conference call for the Q3 results?

The live conference call will start at 4:30 p.m. Eastern Time.

How can I register for the webcast of the earnings call?

You can register for the webcast via the provided registration link.

What is DEXTENZA® used for?

DEXTENZA® is an FDA-approved corticosteroid for ocular inflammation and pain.

What are some of Ocular Therapeutix's development assets?

They include OTX-TKI, OTX-TIC, OTX-CSI, and OTX-DED for various eye conditions.

Last updated: Oct 24, 2023