earnings
confidence high
sentiment positive
materiality 0.75
Eton Pharma Q4 2024 revenue $11.6M (+59% YoY); net loss narrows to $0.6M
Eton Pharmaceuticals, Inc.
- Record product revenue of $11.6M in Q4 2024, up 59% from Q4 2023; 16th consecutive quarter of sequential growth.
- Net loss improved to $0.6M ($0.02/share) vs $2.3M loss ($0.09/share) in Q4 2023.
- Closed transformational acquisition of Increlex (relaunched Jan 2025) and acquired Galzin; both tracking ahead of expectations.
- Positive pivotal study for ET-600; NDA submission planned April 2025; ET-400 launch inventory ready with PDUFA May 28.
- Cash balance $14.9M at Dec 31, 2024; company expects sequential revenue growth to continue.