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.)
Recent news on Sight Sciences
See all newsSight Sciences, Inc. reports results for the quarter ended June 30 - Earnings Summary
Sight Sciences Q2 revenue rises 20%, beats estimates
Brief: Sight Sciences Q2 Revenue USD 23.4 Million Vs. IBES Estimate USD 21.7 Million
Sight Sciences, Inc. expected to post a loss of 15 cents a share - Earnings Preview
Sight Sciences raises FY 2026 revenue outlook