Biopharma firm Kamada's Q3 revenue up 13%, beats estimates

Reuters
Nov 10
Biopharma firm Kamada's Q3 revenue up 13%, beats estimates

Overview

  • Kamada Q3 revenue rises 13% to $47 mln, beating analyst expectations

  • Adjusted EBITDA for Q3 increases 34% yr/yr, reflecting strong operational performance

  • Company reiterates full-year 2025 revenue guidance of $178 mln-$182 mln

Outlook

  • Kamada reiterates 2025 revenue guidance of $178 mln to $182 mln

  • Company expects 2025 adjusted EBITDA of $40 mln to $44 mln

  • Kamada to conduct interim futility analysis of InnovAATe trial this quarter

Result Drivers

  • DIVERSE PORTFOLIO - Revenue growth driven by increased sales of GLASSIA in ex-U.S. markets and VARIZIG in U.S.

  • SALES MIX - Improved sales mix and increased commercial scale boosted gross margins

  • PLASMA OPERATIONS - Expansion of plasma collection operations supports revenue growth

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Revenue

Beat

$47 mln

$45.81 mln (4 Analysts)

Q3 EPS

$0.09

Q3 Net Income

$5.30 mln

Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

  • The average consensus recommendation for the pharmaceuticals peer group is "buy"

  • Wall Street's median 12-month price target for Kamada Ltd is $15.00, about 55.6% above its November 7 closing price of $6.66

  • The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 20 three months ago

Press Release: ID:nGNX83lScz

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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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