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SCPH — Scpharmaceuticals News Story

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scPharmaceuticals Q2 revenue beats expectations

Overview

scPharmaceuticals Q2 revenue of $16 mln beats analyst expectations, per LSEG data

Net loss of $18 mln missed analyst estimates, per LSEG data

Company launched FUROSCIX for chronic kidney disease, expanding its market reach

Result Drivers

REVENUE GROWTH - Net FUROSCIX revenue increased 99% year-over-year to $16 mln, driven by higher demand and expanded market reach

DOSE INCREASE - Doses shipped to patients rose 117% year-over-year, reflecting strong adoption among prescribers

CKD MARKET EXPANSION - Launch of FUROSCIX in chronic kidney disease market contributed to revenue growth

Key Details

MetricBeat/MissActualConsensus Estimate
Q2 RevenueBeat$16.04 mln$15.40 mln (5 Analysts)
Q2 Net IncomeMiss-$18.02 mln-$16.80 mln (4 Analysts)
Q2 Income from OperationsBeat-$14.29 mln-$15.90 mln (4 Analysts)
Q2 Basic EPS-$0.34
Q2 Operating Expenses$30.34 mln
Analyst Coverage The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "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 scPharmaceuticals Inc is $12.00, about 56.2% above its August 6 closing price of $5.26 Press Release: ID:nGNX24CJrR (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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