earnings
confidence high
sentiment positive
materiality 0.75
Journey Medical Q2 net product revenue $14.9M, net loss narrows to $3.4M; DFD-29 PDUFA Nov 4
Journey Medical Corp
2024-Q2 EPS reported
-$0.69
revenue$27,885,000
- Total net product revenue $14.9M, down 12% YoY but up 14% sequentially from Q1 2024.
- Net loss reduced to $3.4M ($0.17/sh) from $8.4M ($0.46/sh) in Q2 2023.
- Adjusted EBITDA positive $0.3M vs negative $0.6M in prior-year quarter.
- DFD-29 NDA for rosacea under FDA review with PDUFA goal date November 4, 2024.
- Appointed Joseph M. Benesch as permanent CFO and Michael C. Pearce to Board of Directors.