Apr. 25 at 12:38 AM
$LXRX Time to think about 1Q 2026 earnings report and conference call which Yahoo Finance estimates as May 12th.
Besides an update on things, conference calls are not where news is broken as that needs to be a widely disseminated PR. So, we will get a summary of what we already know but could get some insightful Q&A if the analysts are thinking and doing their jobs
My biggest positive is that LXRX earned two,
$10 M milestone payments from Nove for LXX9851. The first was earned in January so should have been billed and received. The second was earned in March so probably was not received and may show up in Accounts Receivable as Irecall they did last year with the
$45 M milestone payment
I am not an accountant so not sure how AR affects cash flow and thus earnings but suspect it does not and is a balance sheet item…but the January
$10 million should show as revenue and keep the 1Q 2026 EPS from being more negative that expenses would show.
Discussion on other issues?
From AI:
