Achieve Life Sciences Q3 net loss widens

Reuters
Nov 06
<a href="https://laohu8.com/S/ACHV">Achieve Life</a> Sciences Q3 net loss widens

Overview

  • Achieve Q3 net loss and EPS missed analyst expectations

  • FDA accepted NDA for cytisinicline in smoking cessation, PDUFA date set for June 2026

  • Awarded FDA Commissioner's National Priority Voucher for vaping cessation

Outlook

  • Company confirms PDUFA action date for cytisinicline as June 20, 2026

  • Achieve awarded FDA Priority Voucher for vaping cessation

  • Company highlights unmet need in vaping cessation market

Result Drivers

  • Total operating expenses for the three and nine months ended September 30, 2025, were $14.7 million and $40.1 million, respectively

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 EPS

Miss

-$0.28

-$0.26 (7 Analysts)

Q3 Net Income

Miss

-$14.44 mln

-$12.20 mln (7 Analysts)

Q3 Income From Operations

Miss

-$14.69 mln

-$12.10 mln (7 Analysts)

Q3 Operating Expenses

$14.69 mln

Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

  • The average consensus recommendation for the biotechnology & medical research peer group is "buy"

  • Wall Street's median 12-month price target for Achieve Life Sciences Inc is $13.00, about 62.1% above its November 5 closing price of $4.93

Press Release: ID:nGNX9Y7NHV

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(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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