earnings
confidence high
sentiment positive
materiality 0.65
UroGen Q3 JELMYTO revenue up 41% to $16.1M; net loss narrows to $25.8M
UroGen Pharma Ltd.
- JELMYTO net product revenue $16.1M (+41% YoY); operating loss improved to $18.1M from $23.4M.
- Net loss $25.8M ($1.13/share) vs $30.2M ($1.35/share) in Q3 2021; cash, cash equivalents and marketable securities $95.9M.
- ENVISION Phase 3 trial for UGN-102 enrollment completion expected as soon as end of Nov 2022; NDA submission anticipated H1 2024.
- FDA authorized extension of JELMYTO in-use period from 8 to 96 hours following reconstitution.
- Appointed Dr. Leana S. Wen and Dan Wildman to the Board of Directors.