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Thursday, May 7, 2026

Tectonic Q1 2026 non-GAAP EPS -$1.34 (-44% YoY) on revenue $0, missing EPS estimates

 

Tectonic Therapeutic reports Q1 2026 non-GAAP EPS -$1.34 (-44% YoY) on revenue $0, missing EPS estimates

  • Company says $236.9M cash funds its operations into Q4 2028.
  • Q1 2026 revenue was $0, beating analyst revenue estimates for the quarter.
  • Company highlights advancement of TX45 and TX2100 clinical programs in its first-quarter 2026 update.

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