earnings
confidence high
sentiment positive
materiality 0.80
SIGA Q1 revenue doubles to $10.5M; net loss narrows; declares special $0.45 dividend
SIGA TECHNOLOGIES INC
2022-Q1 EPS reported
-$0.01
revenue$10,539,299
- Q1 total revenues $10.5M vs $4.8M YoY; operating loss improved to $1.4M from $2.0M.
- First IV TPOXX sales to U.S. govt under BARDA contract: $7M delivered in Q1.
- New Asia Pacific contract for ~$3M of oral TPOXX; PHAC contract increased $5M.
- Board declared special dividend of $0.45/share, payable June 2 to holders of record May 17.
- EMA approved oral tecovirimat for smallpox, monkeypox, cowpox, and vaccinia complications.