earnings
confidence high
sentiment negative
materiality 0.65
TherapeuticsMD reports Q3 net loss $1.4M; evaluates strategic alternatives
TherapeuticsMD, Inc.
2023-Q3 EPS
reported -$0.92
vs consensus -$0.05
▼ miss
(-1703.9%)
- Net loss from continuing ops $1.4M ($0.13/share) vs $14.6M ($1.58) in Q3 2022.
- License and service revenue negative $0.1M; gross royalties $1.2M for quarter.
- Operating expenses fell 88.2% to $1.7M on transition to royalty-based model.
- Board evaluating strategic alternatives including M&A, sale, or other transaction.