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LQDA — Liquidia News Story

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Liquidia Q2 revenue jumps on YUTREPIA sales

Liquidia Q2 revenue jumps on YUTREPIA sales


Overview

  • U.S. biopharma firm's Q2 sales revenue rose sharply on YUTREPIA sales

  • EPS for Q2 met analyst expectations

  • Company posted fourth consecutive quarter of profitability


Outlook

  • Company did not provide specific financial guidance for upcoming quarters or the full year


Result Drivers

  • YUTREPIA SALES GROWTH - Co said higher sales volume of YUTREPIA drove revenue increase in Q2

  • PATIENT ADOPTION - Co reported about 5,900 unique patient prescriptions and more than 5,000 patients treated since YUTREPIA launch

  • EXPANDED PRESCRIBER BASE - Co said number of prescribers exceeded 1,100 since launch, with over 30% prescribing to at least 5 patients


Company press release: ID:nGNXvnPw2


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q2 Revenue

$171.68 mln

Q2 EPS

Meet

$0.74

$0.74 (8 Analysts)

Q2 Net Income

$74.72 mln

Q2 Operating Income

$85.52 mln


Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", 2 "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 Liquidia Corporation is $76.88, about 12.7% below its August 11 closing price of $88.05

  • The stock recently traded at 19 times the next 12-month earnings vs. a P/E of 12 three months ago


Reuters Recommended Reads

  • Aug 10 - Tonix Q2 revenue rises sharply on TONMYA launch

  • Aug 10 - BridgeBio Pharma's Q2 revenue beats on higher Attruby sales

  • Aug 10 - Axsome Therapeutics Q2 revenue rises on AUVELITY growth


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.)

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