Lyra Therapeutics reports Q2 EPS ($5.51), consensus ($4.78)
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 12 2025
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Q2 Financial Performance: Lyra Therapeutics reported Q2 revenue of $183,000, exceeding the consensus estimate of $181,250.
ENLIGHTEN Trials Impact: Positive results from the ENLIGHTEN 2 trial are facilitating financing and regulatory strategy optimization for LYR-210, aimed at providing a six-month treatment option for patients with chronic rhinosinusitis (CRS).
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Analyst Views on LYRA
About LYRA
Lyra Therapeutics, Inc. is a clinical-stage biotechnology company. The Company is focused on the development and commercialization of therapies for the localized treatment of patients with chronic rhinosinusitis (CRS). The Company is developing therapies for CRS, a prevalent inflammatory disease of the paranasal sinuses that leads to debilitating symptoms and significant morbidities. LYR-210, the Company’s lead product, is a bioabsorbable nasal implant designed to be administered in a simple, in-office procedure and is intended to deliver six months of continuous anti-inflammatory drug therapy to the sinonasal passages for the treatment of CRS with a single administration. LYR-210, being evaluated in the ENLIGHTEN Phase III clinical program, is intended for patients with and without nasal polyps. The drug embedded within LYR-210 is mometasone furoate (MF).
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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