Pharma firm SIGA Q2 product revenues rise

Reuters
Aug 06
Pharma firm SIGA <a href="https://laohu8.com/S/QTWO">Q2</a> product revenues rise

Overview

  • SIGA Q2 product revenues rise to $79 mln, driven by TPOXX sales

  • Company awarded $27 mln in BARDA 19C contract funding for development

  • Net income for Q2 jumps to $35.5 mln, reflecting strong performance

Result Drivers

  • TPOXX SALES - $53 mln from oral TPOXX and $26 mln from IV TPOXX sales to Strategic National Stockpile

  • BARDA FUNDING - $27 mln awarded for TPOXX pediatric program and manufacturing support under BARDA 19C contract

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q2 EPS

$0.49

Q2 Net Income

$35.50 mln

Analyst Coverage

  • The stock recently traded at 6 times the next 12-month earnings vs. a P/E of 5 three months ago

Press Release: ID:nGNX7jGW8k

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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