earnings
confidence high
sentiment neutral
materiality 0.70
Aquestive Q3 net loss $11.5M vs $2.0M; revenue up 4% to $13.5M; Anaphylm pre-NDA meeting in Q4
Aquestive Therapeutics, Inc.
2024-Q3 EPS reported
-$0.32
revenue$45,694,000
- Total revenues $13.5M (+4% YoY); net loss $11.5M ($0.13/sh) vs $2.0M loss in Q3 2023.
- Cash $77.9M; FY2024 guidance: revenue $57-60M, adj EBITDA loss $20-23M.
- Anaphylm pre-NDA meeting with FDA scheduled Q4 2024; NDA submission targeted Q1 2025, launch Q1 2026 if approved.
- AQST-108 (epinephrine topical gel) pre-IND meeting Q4 2024; Phase 2a in alopecia areata planned Q2 2025.
- Libervant launched for ages 2-5 with dedicated sales force; commercial and Medicaid coverage expanded nationwide.