Instil Bio, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net loss was USD 67.43 million compared to USD 56.22 million a year ago. Basic loss per share from continuing operations was USD 10.4 compared to USD 8.6 a year ago.
For the nine months, net loss was USD 143.16 million compared to USD 169.33 million a year ago. Basic loss per share from continuing operations was USD 22 compared to USD 26.2 a year ago.