earnings
confidence high
sentiment neutral
materiality 0.60
Coherus Q2 LOQTORZI rev $10M (+36% QoQ); UDENYCA divestiture closed for $483M
Coherus Oncology, Inc.
2025-Q2 EPS
reported $2.08
vs consensus -$0.30
▲ beat
(+787.4%)
- LOQTORZI net revenue $10.0M in Q2 2025, up 36% from $7.3M in Q1 2025 and $3.8M in Q2 2024.
- UDENYCA divestiture completed April 11, 2025; Coherus received $483.4M cash and is eligible for up to $75M milestones.
- Used proceeds to repay substantially all $230M of 2026 Convertible Notes and buy out royalty rights for $47.7M.
- Q2 2025 net loss from continuing ops $44.9M ($0.39 diluted loss) vs $54.9M ($0.48) YoY; non-GAAP net loss $39.0M.
- Cash, cash equivalents and marketable securities $238M at June 30, 2025; CHS-114 and casdozokitug data readouts expected 1H 2026.
item 2.02item 9.01