Praxis (PRAX) Q2 Loss Widens 90%

Praxis Precision Medicines (PRAX -6.06%) is a clinical-stage biopharmaceutical company specializing in therapies for central nervous system (CNS) disorders. On August 4, 2025, it reported financial results for Q2 FY2025. The most notable news from the release was widening operational losses (GAAP), with no recognized revenue and sharply higher research spending. The company posted a GAAP loss per share of ($3.31), missing the consensus estimate of ($3.25) GAAP, with actual GAAP EPS reported as ($3.39), and ...