earnings
confidence high
sentiment negative
materiality 0.75
Jaguar Health Q1 net revenue drops 25% YoY to $2.0M; OnTarget top line due Oct 2023
Jaguar Health, Inc.
2023-Q1 EPS reported
-$2.39
- Net revenue $2.0M, down 25% YoY from $2.6M and 40% QoQ from $3.3M.
- Net loss to common stockholders improved to $12.2M from $18.0M YoY; EPS –$2.39 vs –$23.10.
- PIPE closed raising ~$1.86M; no equity issuance before Oct 22, 2023 under agreement.
- Phase 3 OnTarget trial enrollment completed; top line results expected October 2023.
- IND submission for crofelemer in MVID planned Q2 2023.