earnings
confidence high
sentiment negative
materiality 0.70
Jaguar Health Q2 net loss $12.2M, revenue $2.7M (+36% QoQ); OnTarget Phase 3 topline due late Oct
Jaguar Health, Inc.
2023-Q2 EPS reported
-$1.42
- Net loss attributable to shareholders $12.2M in Q2 2023 vs $9.4M in Q2 2022; diluted EPS ($0.42) vs ($0.12).
- Combined net revenue for Mytesi and Canalevia-CA1 $2.7M, up 36% QoQ but down 8% YoY.
- Loss from operations increased to $8.1M from $6.5M YoY; R&D spend rose to $4.3M from $2.5M.
- Mytesi prescription volume up 4% sequentially; Canalevia-CA1 net revenue $39K (+40% QoQ).
- Top line results from Phase 3 OnTarget trial of crofelemer for cancer therapy-related diarrhea expected late October 2023.