SIGA Q3 revenue $9.2M, net loss $0.4M; guides FY pre-tax income $90-100M on Q4 deliveries

SIGA TECHNOLOGIES INC

2023-Q3 EPS reported -$0.06 revenue$23,436,361

Q3 2023 total revenue $9.2M, down from $72.2M YoY; net loss $0.4M vs net income $33.0M.
Targeting Q4 deliveries: ~$113M oral TPOXX to U.S. stockpile, $15-18M international, $5M DoD, up to $15M IV TPOXX.
Full-year 2023 pre-tax operating income target $90-100M; any Q4 delays shift to Jan 2024.
European Commission signed joint procurement framework on Oct 23; initial EU orders ~$18M oral TPOXX.
YTD spent ~$43M on capital management: $0.45 special dividend and ~1.7M shares repurchased.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

SIGA TECHNOLOGIES INC reported three and nine months ended September 30, 2023 results: revenue $9.2, net income $(0.4), EPS ($0.01) per share.

Period: three and nine months ended September 30, 2023
Revenue: $9.2
Net income: $(0.4)
EPS: ($0.01) per share
Result: reported results

Exact text from the filing

except per share amounts) Third Quarter 2023 in comparison to Third Quarter 2022 Three Months Ended September 30, 2023 Three Months Ended September 30, 2022 Total Revenues $9.2 $72.2 Operating (Loss) Income (1) ($1.3) $42.9 (Loss) Income before Income Taxes (1) ($0.4) $43.1 Net (Loss) Income ($0.4) $33.0 Diluted (Loss) Income per Share ($0.01) per share

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Source: SEC EDGAR

accession 0001140361-23-051899

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