Recent Updates
Recently added Catalysts
RVMD Neutral Sentiment

Revolution Medicines to Report Financial Results for Second Quarter 2023 After Market Close on August 8, 2023

Key Takeaway: Revolution Medicines, Inc. has announced that it will release its financial results for Q2 2023 on August 8, 2023, after market close. The company specializes in developing targeted therapies for RAS-addicted cancers and plans to host a webcast at 4:30 p.m. Eastern Time to discuss these results and corporate progress. A replay of the webcast will be available on their website for at least 14 days after the event.
Price reaction · baseline $32.78 (2023-08-02 close) · hit after-hours · 1 other RVMD headline(s) in the window, move may be shared
day 0 close · peak
-2.7%

Market Sentiment Analysis

POSITIVE FACTORS

  • Revolution Medicines is developing novel targeted therapies for RAS-addicted cancers.
  • The company has a diverse R&D pipeline with multiple candidates nearing clinical development.
  • The upcoming financial results could indicate positive advancements in corporate progress.

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., Aug. 03, 2023 (GLOBE NEWSWIRE) -- Revolution Medicines, Inc. (Nasdaq: RVMD), a clinical-stage oncology company developing novel targeted therapies for RAS-addicted cancers, today announced that it will report financial results for the second quarter 2023 on Tuesday, August 8, 2023, 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 (RASMULTI), RMC-6291(KRASG12C) and RMC-9805 (KRASG12D) are currently in clinical development. Additional RAS(ON) Inhibitors in the company’s pipeline include RMC-0708 (KRASQ61H) which is currently in IND-enabling development, RMC-8839 (KRASG13C), and additional compounds targeting other RAS variants. RAS Companion Inhibitors in clinical development include RMC-4630 (SHP2) and RMC-5552 (mTORC1/4EBP1).

Frequently Asked Questions

When will Revolution Medicines report Q2 2023 financial results?

Revolution Medicines will report Q2 2023 financial results on August 8, 2023.

What time is the webcast for the financial results?

The webcast will take place at 4:30 p.m. Eastern Time on August 8, 2023.

How can I access the archived webcast?

You can access the archived webcast on Revolution Medicines' website for 14 days.

What is Revolution Medicines focused on developing?

The company develops novel targeted therapies for RAS-addicted cancers.

Which RAS(ON) Inhibitors are in clinical development?

RMC-6236, RMC-6291, and RMC-9805 are in clinical development.

Last updated: Aug 3, 2023