“We are pleased with our progress in the fourth quarter, including approximately 7% revenue growth compared to the prior year period, strong cash management, significant Dry Eye reimbursement milestones, and continued Surgical Glaucoma momentum,” said Paul Badawi, Co-Founder and CEO of Sight Sciences (SGHT). “Key Dry Eye achievements include the establishment of two Medicare Administrative Contractor fee schedules and positive early validation of our reimbursed interventional Dry Eye business model. As we continue building a leading interventional eye care company, we remain confident in our growth outlook, operational discipline, and path toward cash flow breakeven without requiring additional equity capital.”
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SGHT:
- Piper Sandler upgrades Sight Sciences to Overweight, raises target to $9
- Sight Sciences upgraded to Overweight from Neutral at Piper Sandler
- Sight Sciences price target raised to $12 from $7 at UBS
- Sight Sciences price target raised to $9.10 from $5.50 at Citi
- Sight Sciences price target raised to $12 from $7 at Lake Street
