earnings
confidence high
sentiment positive
materiality 0.85
Delcath Q3 revenue $11.2M (+44% QoQ); HEPZATO adoption grows; debt-free after warrant exercise
DELCATH SYSTEMS, INC.
2024-Q3 EPS reported
-$0.84
revenue$22,105,000
- Q3 total revenue $11.2M (vs $0.4M prior year); HEPZATO $10.0M, CHEMOSAT $1.2M.
- Activated 12 HEPZATO treatment centers in U.S.; additional centers in training pipeline.
- Ended Q3 with $14.0M cash; quarterly cash burn $3.6M.
- Post-Q3: paid $2.8M final Rosalind note; ~$25M from Tranche B warrant exercise; no debt.
- Advancing HEPZATO programs for liver-dominant colorectal and breast cancers.