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SIGA — SIGA Technologies News Story

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Pharma firm SIGA Q2 product revenues rise

Overview

SIGA Q2 product revenues rise to $79 mln, driven by TPOXX sales

Company awarded $27 mln in BARDA 19C contract funding for development

Net income for Q2 jumps to $35.5 mln, reflecting strong performance

Result Drivers

TPOXX SALES - $53 mln from oral TPOXX and $26 mln from IV TPOXX sales to Strategic National Stockpile

BARDA FUNDING - $27 mln awarded for TPOXX pediatric program and manufacturing support under BARDA 19C contract

Key Details

MetricBeat/MissActualConsensus Estimate
Q2 EPS$0.49
Q2 Net Income$35.50 mln
Analyst Coverage The stock recently traded at 6 times the next 12-month earnings vs. a P/E of 5 three months ago Press Release: ID:nGNX7jGW8k (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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