# Geron Returns to Quarterly Profit as Rytelo Drives Q3 Revenue Growth

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/49047
Published: 2026-11-05T05:02:37.000Z
Updated: 2026-11-05T05:02:37.000Z
Section: Business

> Rytelo revenue growth helped reverse a run of quarterly losses. Shares rose more than 10% in early premarket trading Nov. 4.

Geron Corporation posted a quarterly profit in Q3 2026 as revenue growth from its blood cancer drug Rytelo helped reverse a run of quarterly losses. Shares gained more than 10% in early premarket trading Wednesday, Nov. 4.

Geron markets imetelstat as Rytelo. The results followed the company’s plan to end a late-stage study of the drug after efficacy concerns.

Geron shares fell more than 20% on Oct. 28. The company’s plan to [stop the late-stage study](<https://www.tokenpost.com/news/business/42891>) followed concerns about the drug’s efficacy.



## Links in this article

- [stop the late-stage study](https://www.tokenpost.com/news/business/42891)
