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Tuesday, May 12, 2026

Sionna completes Phase 2a SION-719 cystic fibrosis trial enrollment

 

Sionna posts Q1 2026 non-GAAP EPS -0.60 and completes Phase 2a SION-719 cystic fibrosis trial enrollment

  • Fiscal Q1 2026 non-GAAP EPS was -0.60, up 3% YoY, missing analyst EPS estimates.
  • Q1 2026 revenue was $0, beating analyst revenue estimates for the quarter.
  • An SEC filing detailed a Q1 2026 net loss of $26.8 million for Sionna.
  • Quarter-end cash, cash equivalents and marketable securities totaled $289.9 million, projected to fund operations into 2028.
  • Phase 1 data for SION-451 are expected to read out this summer.
  • Phase 2a data for SION-719 in cystic fibrosis are anticipated this summer.

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