earnings
confidence high
sentiment positive
materiality 0.80
Abeona reports Q2 net income of $108.8M on PRV sale; ZEVASKYN launch on track
ABEONA THERAPEUTICS INC.
2025-Q2 EPS
reported $1.47
vs consensus -$0.39
▲ beat
(+477.6%)
- Net income $108.8M ($2.07 basic EPS) vs $7.4M in Q2 2024; includes $155M gain from PRV sale.
- Cash $225.9M expected to fund operations over two years without anticipated ZEVASKYN revenue.
- First ZEVASKYN patient treatment expected in Q3 2025; multiple patients identified at QTCs.
- 100% of prior authorization requests approved; United Healthcare issued favorable coverage policy.
- R&D expense fell to $5.9M; SG&A rose to $17.1M due to commercial launch costs.
item 2.02item 9.01