TherapeuticsMD Q3 license revenue jumps 61% on IMVEXXY milestone payment
Overview
US pharmaceutical royalty firm's Q3 license revenue rose 61% yr/yr on IMVEXXY milestone payment
Net income from continuing operations increased to $501,000 from $50,000 a year earlier
Outlook
Company to recognize IMVEXXY sales milestone revenue in Q4 2026
TherapeuticsMD continues to evaluate strategic alternatives, including potential mergers or asset sales
Result Drivers
IMVEXXY MILESTONE PAYMENT - Q3 license revenue rose due to a $365,000 milestone payment from Knight for IMVEXXY sales
HIGHER LEGAL FEES - Operating expenses increased mainly due to higher legal and professional fees
Company press release:
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Net Income from Cont Ops | $501,000 | ||
Q3 Operating Expenses | $1.70 mln |
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(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.)