SIGA posts Q2 2023 revenue of $5.9M, net loss $2.9M; guides FY2023 pre-tax operating income $90M-$100M

SIGA TECHNOLOGIES INC

2023-Q2 EPS reported -$0.05 revenue$14,201,190

Q2 total revenues $5.9M, down from $16.7M YoY; net loss $2.9M vs net income $2.0M; diluted EPS -$0.04.
In July 2023, U.S. government ordered ~$113M oral TPOXX and $25M IV TPOXX for strategic stockpile.
Company expects H2 2023 revenues of ~$113M from oral TPOXX delivery plus $30M-$45M from other customers.
Full year 2023 pre-tax operating income guided at $90M-$100M.
Year-to-date spent ~$43M on capital management: $0.45/share special dividend and 1.7M share repurchases.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

SIGA TECHNOLOGIES INC reported three and six months ended June 30, 2023 results: revenue $14.2.

Period: three and six months ended June 30, 2023
Revenue: $14.2
Result: reported results

Exact text from the filing

share $0.03 per share Six Months Ended June 30, 2023 in comparison to Six Months Ended June 30, 2022 Six Months Ended June 30, 2023 Six Months Ended June 30, 2022 Total Revenues $14.2 $27.2 Operating (Loss) Income (1) ($6.7) $1.6 (Loss) Income before Income Taxes (1) ($4.7) $2.1 Net (Loss) Income ($3.8) $1.7 Diluted (Loss) Income per Share ($0.05) per share

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Source: SEC EDGAR

accession 0001140361-23-038566

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