earnings
confidence high
sentiment positive
materiality 0.70
Fennec Q2 revenue $3.3M (+98% QoQ); appoints Adrian Haigh as COO
FENNEC PHARMACEUTICALS INC.
2023-Q2 EPS reported
-$0.43
revenue$5,002,000
- Net product revenue $3.3M in Q2 2023, up 98% from $1.7M in Q1 2023.
- Net loss $5.4M ($0.21/share) vs $5.1M ($0.19/share) year ago.
- Adrian Haigh appointed COO, steps down from board; base salary €400K, 200K options.
- Cash $15.0M at June 30, 2023; sufficient for at least 12 months.