Liquidia Q3 loss widens on litigation charge, negating Yutrepia demand
Overview
U.S. biopharma firm's Q3 revenue surged year-over-year, driven by YUTREPIA sales growth
Company posted large net loss due to $389.7 mln litigation settlement charge
Company said patient shipments of YUTREPIA reached record monthly levels in October
Outlook
Company expects LTI-403 study in PAH patients switching from oral selexipag to complete in 2Q2027
SPRINT trial evaluating YUTREPIA in PAH expected to begin in 4Q2026
L606 Re-Spire study in PH-ILD expected to complete enrollment in 2028 and primary study in 2029
Result Drivers
YUTREPIA SALES VOLUME - Co attributed revenue growth to higher sales volume of YUTREPIA inhalation powder
PRESCRIBER GROWTH - Co reported increase in prescriber base and more first-time prescribers for YUTREPIA
Company press release:
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Total Revenue | $225.30 mln | ||
Q3 EPS | -$2.64 | ||
Q3 Net Loss | $236.33 mln | ||
Q3 Operating Income | -$263.52 mln |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 3 "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 Liquidia Corporation is $58.00, about 21.2% above its November 9 closing price of $47.87
The stock recently traded at 23 times the next 12-month earnings vs. a P/E of 18 three months ago
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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.)