earnings
confidence high
sentiment neutral
materiality 0.75
Rhythm Q4 2024 IMCIVREE revenue $41.8M; cash runway extended to 2027
RHYTHM PHARMACEUTICALS, INC.
2024-FY EPS reported
-$4.34
revenue$130,126,000
- Q4 2024 IMCIVREE net revenue $41.8M (+26% sequential, +73% YoY); FY2024 total $130.1M.
- Net loss Q4 2024 ($44.6M) or ($0.72)/share vs ($41.6M) in Q4 2023; FY loss ($264.6M).
- Raised ~$75M gross proceeds from ATM (1.3M shares at ~$56.30); cash $320.6M at Dec 31, 2024.
- FDA and UK MHRA expanded IMCIVREE label to children as young as 2 years old.
- Phase 3 acquired hypothalamic obesity trial topline data expected Q2 2025.