earnings
confidence high
sentiment positive
materiality 0.75
TG Therapeutics Q1 BRIUMVI revenue $50.5M, raises FY guidance to $270-290M
TG THERAPEUTICS, INC.
2025-Q1 EPS reported
-$0.07
revenue$63,474,000
- BRIUMVI U.S. net revenue $50.5M in Q1 2024, >25% QoQ growth; total revenue $63.5M includes $12.5M EU launch milestone.
- Net loss improved to $10.7M from $39.2M in Q1 2023; cash position $209.8M as of March 31, 2024.
- Raised FY 2024 BRIUMVI U.S. net revenue guidance to $270-290M (prior $220-260M) with Q2 target ~$65M.
- Over 1,250 new BRIUMVI prescriptions in Q1; VA national formulary contract secured for anti-CD20 indications.
- R&D spend $32.7M includes $8.8M license fee for azer-cel allogeneic CAR-T from Precision BioSciences.