earnings
confidence high
sentiment negative
materiality 0.60
Sight Sciences prelim Q4 2024 rev $18.9-19.1M (+1% YoY); Surgical Glaucoma +9%
Sight Sciences, Inc.
2024-FY EPS reported
-$1.03
revenue$79,866,000
- Surgical Glaucoma revenue $18.7-18.8M (+9% YoY at midpoint); Dry Eye rev $0.2-0.3M vs $1.6M prior year.
- Full year 2024 total revenue $79.7-79.9M (-2% YoY); cash and equivalents ~$120M; $1.4M generated in Q4.
- New LCDs by five Medicare contractors effective mid-November restricted MIGS coverage, impacting results.
- Company plans to achieve cash flow breakeven without additional equity capital; FY 2024 cash used $18.1M down from $46.9M.