earnings
confidence high
sentiment positive
materiality 0.70
Tarsus Q3 2024: XDEMVY sales $48.1M, net loss narrows to $23.4M
Tarsus Pharmaceuticals, Inc.
2024-Q3 EPS reported
-$2.48
revenue$116,545,000
- Net product sales of $48.1M in Q3 2024, up from $1.7M in Q3 2023; over 41,400 bottles delivered.
- Net loss of $23.4M ($0.61 per share) compared to $39.1M ($1.28 per share) in Q3 2023.
- Secured the two remaining large Medicare contracts; coverage now extends to >80% of covered lives.
- Appointed Elizabeth Yeu, M.D. as Chief Medical Officer and Katherine Goodrich, M.D. to board.
- Cash and marketable securities of $317.0M as of September 30, 2024.