Biofrontera Q2 revenue rises on higher volume, pricing
Biofrontera Q2 revenue rises on higher volume, pricing
Overview
U.S. biopharmaceutical firm's Q2 revenue grew 33% yr/yr, driven by higher unit volume and pricing
Net loss for Q2 narrowed to $0.6 mln from $5.3 mln a year ago
Adjusted EBITDA for Q2 improved to near breakeven, reflecting lower costs post-strategic transaction
Outlook
Company expects to launch Ameluz for sBCC in Q1 2027 if approved
Biofrontera does not expect ITC order to impact full-year 2026 revenue goals
Company says it is making progress towards cash flow breakeven in 2026
Result Drivers
PRICE AND VOLUME - Co said revenue growth was driven by higher unit volume and a price increase
COST STRUCTURE CHANGE - Gross margin improvement attributed to new Ameluz cost structure after strategic transaction
LITIGATION COSTS DOWN - Operating expenses declined due to lower litigation-related legal fees
Company press release: ID:nGNXbnk0BK
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Revenue | Beat | $12 mln | $10.50 mln (2 Analysts) |
Q2 Loss Per Share |
| $0.05 |
|
Q2 Net Loss |
| $600,000 |
|
Q2 Adjusted EBITDA | Meet | -$200,000 | -$200,000 (1 Analyst) |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "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 Biofrontera Inc is $6.00, about 380% above its August 12 closing price of $1.25
The stock recently traded at 513 times the next 12-month earnings vs. a P/E of 48 three months ago
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For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(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.)
Recent news on Biofrontera
See all newsBrief: Biofrontera Submits Supplemental New Drug Application To FDA To Expand Ameluz® Red Light Pdt To Actinic Keratoses On The Full Body
Biofrontera Inc reports results for the quarter ended June 30 - Earnings Summary
Biofrontera Q2 revenue rises on higher volume, pricing
Biofrontera Inc expected to post a loss of 10 cents a share - Earnings Preview
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