Y-mAbs Therapeutics will report Q4 and full year 2024 results on March 4, 2025, with a conference call to follow.
Quiver AI Summary
Y-mAbs Therapeutics, Inc. announced that it will release its fourth quarter and full-year 2024 financial results on March 4, 2025, before the market opens. Following the announcement, the company will host a conference call and webcast at 8:00 a.m. ET to discuss these results, with registration available for those wishing to participate live. Y-mAbs is focused on developing novel radioimmunotherapy and antibody-based cancer treatments, including the FDA-approved anti-GD2 therapy DANYELZA® for high-risk neuroblastoma. The press release also includes a caution about forward-looking statements related to the company's business outlook and risks, urging readers to refer to their annual and quarterly reports for further details.
Potential Positives
- Y-mAbs Therapeutics will report its fourth quarter and full year 2024 results, providing important insights into the company's performance and future prospects.
- The scheduled conference call and webcast offers investors and stakeholders an opportunity to engage directly with the company's leadership and gain a deeper understanding of their strategies and results.
- Y-mAbs has a significant achievement with DANYELZA®, the first FDA-approved treatment for relapsed or refractory high-risk neuroblastoma, highlighting the company's position in the market and its commitment to advancing cancer treatment.
Potential Negatives
- The press release relies heavily on forward-looking statements, which introduce uncertainty regarding the Company’s financial outlook for 2024 and beyond, potentially signaling instability.
- The Company emphasizes its exposure to risks and uncertainties in its business model, which may concern investors about future performance.
- No specific financial results or guidance are provided ahead of the upcoming report, which could lead to speculation and anxiety among investors about the Company’s performance.
FAQ
When will Y-mAbs announce its fourth quarter and full year 2024 results?
Y-mAbs will report its results on March 4, 2025, before the market opens.
How can I participate in the Y-mAbs conference call?
To participate, you can register on the Y-mAbs website for the live conference call on March 4, 2025.
Where can I access the Y-mAbs earnings call webcast?
The webcast will be available in the Investor Relations section of the Y-mAbs website.
What is DANYELZA® and its significance?
DANYELZA® is the first FDA-approved treatment for high-risk neuroblastoma in select patients and is part of Y-mAbs's pipeline.
What are forward-looking statements in the press release?
Forward-looking statements relate to Y-mAbs's future expectations and business plans, including financial outlook and product development.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$YMAB Insider Trading Activity
$YMAB insiders have traded $YMAB stock on the open market 4 times in the past 6 months. Of those trades, 0 have been purchases and 4 have been sales.
Here’s a breakdown of recent trading of $YMAB stock by insiders over the last 6 months:
- THOMAS GAD (CHIEF BUSINESS OFFICER) has made 0 purchases and 2 sales selling 95,000 shares for an estimated $1,264,650.
- TORBEN LUND-HANSEN (SVP & CHIEF TECHNICAL OFFICER) sold 50,000 shares for an estimated $768,500
- JORIS WILMS (SVP & CHIEF OPERATING OFFICER) sold 5,000 shares for an estimated $73,450
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$YMAB Hedge Fund Activity
We have seen 49 institutional investors add shares of $YMAB stock to their portfolio, and 50 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- CORMORANT ASSET MANAGEMENT, LP removed 1,025,000 shares (-70.7%) from their portfolio in Q4 2024, for an estimated $8,025,750
- CALIGAN PARTNERS LP added 572,729 shares (+47.9%) to their portfolio in Q4 2024, for an estimated $4,484,468
- LOGOS GLOBAL MANAGEMENT LP added 200,000 shares (+25.0%) to their portfolio in Q4 2024, for an estimated $1,566,000
- D. E. SHAW & CO., INC. removed 172,405 shares (-21.9%) from their portfolio in Q4 2024, for an estimated $1,349,931
- PARADIGM BIOCAPITAL ADVISORS LP added 150,000 shares (+3.7%) to their portfolio in Q4 2024, for an estimated $1,174,500
- BOOTHBAY FUND MANAGEMENT, LLC added 136,264 shares (+24.4%) to their portfolio in Q4 2024, for an estimated $1,066,947
- ACADIAN ASSET MANAGEMENT LLC removed 105,777 shares (-100.0%) from their portfolio in Q4 2024, for an estimated $828,233
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
NEW YORK, Feb. 20, 2025 (GLOBE NEWSWIRE) -- Y-mAbs Therapeutics, Inc. (the “Company” or “Y-mAbs”) (Nasdaq: YMAB), a commercial-stage biopharmaceutical company focused on the development and commercialization of novel radioimmunotherapy and antibody-based therapeutic products for the treatment of cancer, today announced it will report results for the fourth quarter and full year 2024 before the market open on Tuesday, March 4, 2025.
Y-mAbs will hold a conference call and webcast to discuss these results on Tuesday, March 4, 2025 at 8:00 a.m. ET. To participate in the live conference call, register here . A live audio webcast of the call will be available on the Investor Relations section of the Company’s website at https://ir.ymabs.com/events-and-presentations/events . The webcast will be archived for at least 30 days.
About Y-mAbs
Y-mAbs is a commercial-stage biopharmaceutical company focused on the development and commercialization of novel, radioimmunotherapy and antibody-based therapeutic cancer products. The Company’s technologies include its investigational Self-Assembly DisAssembly (“SADA”) Pretargeted Radioimmunotherapy Platform (“PRIT”) and bispecific antibodies generated using the Y-BiClone platform. The Company’s broad and advanced product pipeline includes the anti-GD2 therapy DANYELZA® (naxitamab-gqgk), the first FDA-approved treatment for patients with relapsed or refractory high-risk neuroblastoma in the bone or bone marrow after a partial response, minor response, or stable disease to prior therapy.
Forward-Looking Statements
Statements in this press release about future expectations, plans and prospects, as well as any other statements regarding matters that are not historical facts, may constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such statements include, but are not limited to, statements about our business model, including financial outlook for 2024 and beyond. Words such as ‘‘anticipate,’’ ‘‘believe,’’ “contemplate,” ‘‘continue,’’ ‘‘could,’’ ‘‘estimate,’’ ‘‘expect,’’ “hope,” ‘‘intend,’’ ‘‘may,’’ ‘‘might,’’ ‘‘plan,’’ ‘‘potential,’’ ‘‘predict,’’ ‘‘project,’’ ‘‘should,’’ ‘‘target,’’ “will,” ‘‘would’,’ “guidance,” “goal,” “objective,” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. The Company’s business is subject to risks and uncertainties affecting the Company including those described in the “Risk Factors” section included in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2023, and the Company’s Quarterly Report on Form 10-Q for the quarterly periods ended March 31, 2024, and September 30, 2024, and future filings and reports by the Company. Any forward-looking statements contained in this press release speak only as of the date hereof, and the Company undertakes no obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise.
SADA ® , SADA PRIT™, DANYELZA ® and Y-mAbs ® are registered trademarks of Y-mAbs Therapeutics, Inc.
Investor Contact:
Courtney Dugan
VP, Head of Investor Relations
[email protected]