Cosmos Health Q3 revenue rises to record high on contract manufacturing
Cosmos Health Q3 revenue rises to record high on contract manufacturing
Overview
US healthcare group's preliminary Q3 revenue rose 2% yr/yr to a company record
Company reaffirmed outlook for full-year 2026 revenue to surpass $90 mln
Growth driven by contract manufacturing, pharmaceutical distribution, and proprietary brands
Outlook
Cosmos Health reaffirms full-year 2026 revenue will surpass $90 mln
Company expects Q4 2026 to be its strongest quarter, driven by contract manufacturing and US sales
Result Drivers
CONTRACT MANUFACTURING - Co said record production pipeline at Cana Laboratories drove revenue growth
PHARMACEUTICAL DISTRIBUTION - Record distribution volumes at CosmoFarm contributed to revenue increase
PROPRIETARY BRANDS - Co said proprietary brands grew in established markets and expanded into new territories, with building sales momentum in US
Company press release: ID:nACSv1lZMa
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Revenue | Miss | $17.40 mln | $20.89 mln (1 Analyst) |
Analyst Coverage
Wall Street's median 12-month price target for Cosmos Health Inc is $4.50, about 1,308.5% above its October 6 closing price of $0.32
The stock recently traded at 0 times the next 12-month earnings vs. a P/E of 5 three months ago
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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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