BUZZ-TG Therapeutics rises after preliminary Q4 net product revenue tops estimates

Reuters

2025/01/14

BUZZ-TG <a href="https://laohu8.com/S/LENZ">Therapeutics</a> rises after preliminary Q4 net product revenue tops estimates

** Shares of drugmaker TG Therapeutics TGTX.O rise 5.9% to $29.31 premarket

** Co forecasts preliminary Q4 net product revenue of $103.6 mln vs analysts' avg. est. of $97.69 mln - data compiled by LSEG

** Sees full-year 2024 net product revenue of $310 mln, above est. of $304.1 mln

** TGTX expects to end 2024 with cash position of about $310 mln

** Co forecasts 2025 total revenue of about $540 mln vs est. of $549.5 mln

** Up to last close, stock had risen 62.5% in past 12 months

(Reporting by Sneha S K)

((Sneha.SK@thomsonreuters.com;))

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