earnings
confidence high
sentiment neutral
materiality 0.75
OPKO reports Q2 net loss $10.3M; enters $250M note deal, plans $100M buyback
OPKO HEALTH, INC.
2025-Q2 EPS
reported -$0.13
vs consensus -$0.11
▼ miss
(-13.5%)
- Q2 total revenues $182.2M (down from $265.4M YoY); operating loss $61.7M vs income $7.0M; net loss $0.01/share.
- NGENLA global launch ongoing; earned $6.3M gross profit share from Pfizer in Q2 (up from $3.8M).
- Entered $250M note purchase agreement with HealthCare Royalty secured by NGENLA profit share; retains milestone upside.
- Board authorized $100M share repurchase program (~10.1% of shares outstanding).
- Sale of BioReference laboratory assets to Labcorp for $237.5M expected close end of Q3 2024.