Sight Sciences, Inc. ( (SGHT) ) has released its Q2 earnings. Here is a breakdown of the information Sight Sciences, Inc. presented to its investors.
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Sight Sciences, Inc. is an eyecare technology company that develops and commercializes innovative interventional technologies aimed at transforming care and improving patients’ lives, focusing on minimally invasive solutions for glaucoma and dry eye disease.
In its latest earnings report, Sight Sciences announced a decrease in second-quarter revenue to $19.6 million, an 8% drop from the previous year, primarily due to reduced revenue from its Surgical Glaucoma segment. Despite this, the company raised its full-year 2025 revenue guidance, reflecting confidence in its strategic direction.
Key financial metrics revealed a reduction in total operating expenses by 9% to $28.3 million, alongside a slight decline in gross margin to 85%. The company experienced a net loss of $11.9 million, slightly improved from the previous year’s loss. Sight Sciences also highlighted clinical advancements, including the publication of the SAHARA trial results and a cost-utility analysis supporting the cost-effectiveness of its TearCare system.
The company reported an increase in Surgical Glaucoma ordering accounts, reaching an all-time high, which underscores its market leadership in implant-free minimally invasive glaucoma surgery (MIGS). However, the Dry Eye segment saw a decline in revenue, attributed to a strategic shift towards achieving reimbursed market access for TearCare procedures.
Looking ahead, Sight Sciences remains focused on enhancing patient outcomes through innovative technologies and expects to deliver long-term value by elevating the standard of care for glaucoma and dry eye disease management, despite challenges such as tariff impacts and Medicare coverage restrictions.