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Q1: 2026-05-06 Earnings Summary
EPS of -$0.85 misses by $1.33
|
Revenue of
-$29.00K
(-100.96% Y/Y)
misses by $109.31M
Vir Biotechnology, Inc. (VIR) Q1 2026 Earnings Call May 6, 2026 4:30 PM EDT
Company Participants
Kiki Patel - Head of Investor Relations
Marianne De Backer - President, CEO & Director
Jason O’Byrne - Executive VP & CFO
Conference Call Participants
Kyuwon Choi - Goldman Sachs Group, Inc., Research Division
Byunghyun Ahn - Leerink Partners LLC, Research Division
Mario Joshua Chazaro Cortes - Evercore ISI Institutional Equities, Research Division
Philip Nadeau - TD Cowen, Research Division
Sean McCutcheon - Raymond James & Associates, Inc., Research Division
Joseph Stringer - Needham & Company, LLC, Research Division
Luis Santos - H.C. Wainwright & Co, LLC, Research Division
Presentation
Operator
Hello, and welcome to Vir Biotechnology First Quarter 2026 Financial Results and Corporate Update Conference Call. As a reminder, this call is being recorded. [Operator Instructions] I will now turn the call over to Kiki Patel, Head of Investor Relations. You may begin, Kiki.
Kiki Patel
Head of Investor Relations
Thank you, operator, and welcome, everyone. Earlier today, we issued a press release reporting our first quarter 2026 financial results and corporate update.
Before we begin, I would like to remind everyone that some of the statements we are making today are forward-looking statements under applicable securities laws. These forward-looking statements involve substantial risks and uncertainties that could cause our clinical development programs, collaboration outcomes, future results, performance or achievements to differ significantly from those expressed or implied by such forward-looking statements. Forward-looking statements include, but are not limited to, statements regarding the potential benefits of our collaboration with Astellas, the therapeutic potential of VIR-5500 and our PRO XM platform, our development plans and time lines, financial terms and milestone payments and our cash runway and capital allocation priorities. These risks and uncertainties and risks associated with our business are described in the company's reports filed with the Securities and Exchange Commission, including Forms 10-K, 10-Q and 8-K.
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