earnings
confidence high
sentiment positive
materiality 0.65
TG Therapeutics reports Q4 2023 BRIUMVI net revenue $39.9M; 2024 target $220-260M
TG THERAPEUTICS, INC.
2023-FY EPS reported
$0.09
revenue$233,662,000
- BRIUMVI U.S. net revenue $39.9M in Q4 2023, $88.8M for full year 2023.
- Net loss of $14.4M in Q4; net income of $12.7M for full year 2023.
- Year-end cash $217.5M; 2024 BRIUMVI net revenue target $220-260M; operating expense ~$250M.
- License revenue $141.7M in 2023 driven by $140M Neuraxpharm payment for ex-U.S. rights.
- Pipeline: subcutaneous BRIUMVI, azer-cel CAR T in autoimmune disease to start trials in 2024.