earnings
confidence high
sentiment positive
materiality 0.80
Phathom Pharma Q4 revenue $29.7M; VOQUEZNA prescriptions up 81% QoQ
Phathom Pharmaceuticals, Inc.
- FY2024 net revenue $55.3M from VOQUEZNA launch; Q4 revenue $29.7M (81% increase vs Q3).
- Over 300,000 filled prescriptions launch-to-date, up ~110% since last earnings report.
- Q4 net loss $74.5M; non-GAAP adjusted net loss $56.4M vs $46.0M in prior year Q4.
- SG&A expenses rose to $290.7M in FY2024 vs $117.9M in FY2023 due to commercial buildout.
- Phase 2 EoE trial for VOQUEZNA to begin enrollment in Q2 2025.