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SGHT — Sight Sciences News Story

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Sight Sciences Q2 revenue rises 20%, beats estimates

Sight Sciences Q2 revenue rises 20%, beats estimates


Overview

  • US eyecare technology firm's Q2 revenue rose 20% yr/yr, beating analyst expectations

  • Net loss narrowed 63% yr/yr to $4.4 mln in Q2

  • Company raised 2026 revenue guidance and cut adjusted operating expense outlook


Outlook

  • Sight Sciences raises 2026 revenue guidance to $88 mln-$92 mln from $83 mln-$89 mln

  • Company now sees 2026 Interventional Glaucoma revenue at $79 mln-$81 mln, up 4%-7%

  • Company reduces 2026 adjusted operating expense guidance to $92 mln-$94 mln from $93 mln-$96 mln


Result Drivers

  • DRY EYE SEGMENT GROWTH - Interventional Dry Eye revenue rose sharply, driven by increased volumes and higher average selling prices

  • GLAUCOMA SEGMENT VOLUMES - Interventional Glaucoma revenue increased, primarily due to higher volumes

  • OPERATING EXPENSE REDUCTION - Total operating expenses fell 11% yr/yr, mainly due to lower personnel-related expenses and stock-based compensation


Company press release: ID:nGNX7NMcL5


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q2 Revenue

Beat

$23.40 mln

$21.68 mln (7 Analysts)

Q2 Net Loss

$4.40 mln

Q2 Gross Margin

91.00%

Q2 Gross Profit

$21.40 mln

Q2 Operating Expenses

$25.30 mln


Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

  • The average consensus recommendation for the medical equipment, supplies & distribution peer group is "buy"

  • Wall Street's median 12-month price target for Sight Sciences, Inc. is $8.00, about 41.8% above its August 4 closing price of $5.64


Reuters Recommended Reads

  • Aug 5 - Canada's Kits Eyecare Q2 revenue slightly beats on glasses segment growth

  • Aug 3 - Ocular Therapeutix Q2 product revenue flat, net loss widens on higher spending

  • Aug 5 - EyePoint Pharmaceuticals Q2 revenue drops on lower license income


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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