Expense And Model PressureReported GAAP expenses exceeded expectations and modest model revisions, including higher operating costs, led analysts to trim valuation targets.
Reimbursement TransitionAnalyst warns the TDAPA reimbursement transition is expected to reduce DefenCath net pricing and create a material near-term revenue headwind.
Revenue Guidance And Investor ExpectationsCompany revenue guidance and preliminary sales results fell short of analyst expectations, prompting investor disappointment and downward pressure on the stock.