earnings
confidence high
sentiment negative
materiality 0.70
Sight Sciences Q1 revenue $17.5M (-9% YoY); reaffirms FY25 guidance $70-75M; lowers expense guide
Sight Sciences, Inc.
2025-Q1 EPS reported
-$0.28
revenue$17,508,000
- Total revenue $17.5M, down 9% YoY; Surgical Glaucoma $17.1M (-6% YoY); Dry Eye $0.4M (-60% YoY).
- Gross margin 86% flat YoY; net loss $14.2M ($0.28 loss per share) vs $16.3M loss in prior year.
- Reaffirms FY25 revenue guidance $70-75M (decline 6-12% YoY); lowers adjusted op ex guide to $101-105M.
- Tariffs on China-made products seen adding $3.5-4.5M to 2025 COGS; impact larger in H2 2025.
- Launched OMNI Edge with TruSync technology at ASCRS April 2025; TearCare reimbursement not assumed in 2025.