earnings
confidence high
sentiment positive
materiality 0.80
Arcutis Q1 product revenue $63.8M (+196% YoY); net loss narrows; appoints new CFO
Arcutis Biotherapeutics, Inc.
2025-Q1 EPS reported
-$0.20
revenue$65,846,000
- Net product revenue $63.8M, up 196% YoY; down 2% QoQ due to deductible resets.
- Net loss $25.1M ($0.20/shr) vs $35.4M ($0.32/shr) YoY improvement.
- Latha Vairavan appointed CFO effective May 6, 2025.
- Patent litigation against Padagis stayed; all deadlines cancelled; 30-month extension.
- PDUFA May 22 for ZORYVE foam 0.3% for scalp/body psoriasis; sNDA for cream 0.05% with PDUFA Oct 13.