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Revolution Medicines to Report Financial Results for First Quarter 2024 After Market Close on May 8, 2024

Key Takeaway: Revolution Medicines, Inc. has announced that it will report its financial results for the first quarter of 2024 after market close on May 8, 2024. A webcast hosted by senior management will provide insights into the financial results and updates on corporate progress. The company's focus remains on developing targeted therapies for RAS-addicted cancers, with several investigational drugs currently in clinical development.
Price reaction · baseline $37.28 (2024-04-30 close) · hit after-hours · clean, no other RVMD news in the window
day 0 close · peak
+4.1%

Market Sentiment Analysis

POSITIVE FACTORS

  • Company will report financial results, indicating growth transparency.
  • Webcast scheduled to discuss corporate progress, engaging stakeholders.
  • Focus on targeted therapies for RAS-addicted cancers, showcasing innovation.

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Best trade, last catalyst
+124%
120-day peak, hindsight
Typical move
6.7%
average across 3 past catalysts
Cash runway
~30 mo
Minimal dilution risk
Lead asset
daraxonrasib
Phase 3 · NSCLC (Non-small Cell Lung Cancer)

Full Press Release Details

REDWOOD CITY, Calif., May 01, 2024 (GLOBE NEWSWIRE) -- Revolution Medicines, Inc. (Nasdaq: RVMD), a clinical-stage oncology company developing targeted therapies for patients with RAS-addicted cancers, today announced that it will report financial results for the first quarter 2024 on Wednesday, May 8, 2024, after market close. At 4:30 p.m. Eastern Time that day (1:30 p.m. Pacific Time), Revolution Medicines’ senior management team will host a webcast to discuss the financial results for the quarter and provide an update on corporate progress.
To listen to the live webcast, or access the archived webcast, please visit: https://ir.revmed.com/events-and-presentations. Following the live webcast, a replay will be available on the company’s website for at least 14 days.
About Revolution Medicines, Inc.
Revolution Medicines is a clinical-stage oncology company developing novel targeted therapies for RAS-addicted cancers. The company’s R&D pipeline comprises RAS(ON) inhibitors designed to suppress diverse oncogenic variants of RAS proteins, and RAS companion inhibitors for use in combination treatment strategies. The company’s RAS(ON) inhibitors RMC-6236, a RAS(ON) multi-selective inhibitor, RMC-6291, a RAS(ON) G12C-selective inhibitor, and RMC-9805, a RAS(ON) G12D-selective inhibitor, are currently in clinical development. Additional RAS(ON) mutant-selective inhibitors in the company’s development pipeline include RMC-5127 (G12V), RMC-0708 (Q61H) and RMC-8839 (G13C).

Frequently Asked Questions

When will Revolution Medicines report Q1 2024 financial results?

Revolution Medicines will announce their Q1 2024 financial results on May 8, 2024.

What time is the webcast for Revolution Medicines' financial results?

The webcast will take place at 4:30 p.m. Eastern Time on May 8, 2024.

Where can I access the webcast for Revolution Medicines?

You can find the webcast at https://ir.revmed.com/events-and-presentations.

What types of therapies does Revolution Medicines develop?

Revolution Medicines focuses on targeted therapies for RAS-addicted cancers.

What are the names of some RAS(ON) inhibitors in development?

In development are RMC-6236, RMC-6291, and RMC-9805, among others.

Last updated: May 1, 2024