earnings
confidence high
sentiment positive
materiality 0.75
SIGA Q2 product sales $20.7M, net income $1.8M; receives $113M U.S. order in July
SIGA TECHNOLOGIES INC
2024-Q2 EPS reported
$0.17
revenue$47,240,746
- Product sales $20.7M in Q2 (vs $1.3M prior year); total revenues $21.8M; net income $1.8M or $0.03 diluted EPS.
- Received $113M procurement order from U.S. government for oral TPOXX in July 2024 under BARDA contract.
- Delivered $18M of IV TPOXX to U.S. SNS in Q2; $3M oral TPOXX to new ASEAN customer.
- Paid special cash dividend of $0.60 per share on April 11, 2024, up $0.15 from prior year.
- Amendment with Meridian gives SIGA control over international promotion of oral TPOXX effective June 1, 2024.