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SIGA Technologies Inc (SIGA)
NASDAQ:SIGA
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Earnings Data
Report Date
Feb 27, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
―Last Year’s EPS
―Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:May 06, 2020
|% Change Since: -18.48%
|Next Earnings Date:Mar 05, 2020
Earnings Call Sentiment|Positive
The earnings call reflects a strong financial performance with significant procurement orders and an expanding international presence. However, challenges include delays in IV TPOXX deliveries and concerns about drug resistance, though these issues appear to be under control. Overall, the sentiment is positive with strong strategic positioning for future growth.Company Guidance
In the SIGA Technologies Third Quarter 2024 Earnings Call, CEO Diem Nguyen highlighted the company's strong business performance, with $122 million in procurement orders secured in Q3 and an outstanding order balance of $146 million, positioning SIGA well for substantial revenue recognition in the fourth quarter of 2024 and into 2025. The company reported year-to-date product revenue of $53 million, surpassing the previous year's comparable period, and pretax operating income of $13 million for the first nine months of 2024. SIGA's financial position remains robust, with a cash balance of $99 million and no debt as of September 30, 2024. Additionally, the company announced an exclusive license for a portfolio of preclinical monoclonal antibodies from Vanderbilt University. These developments underscore SIGA's strategic focus on expanding its revenue base and enhancing its long-term earnings potential through new contracts and international sales, particularly in response to increased demand for its TPOXX antiviral treatments.Strong Procurement Orders
SIGA secured $122 million in procurement orders in Q3 2024, positioning the company for strong revenue performance.
Diverse Revenue Sources and International Expansion
Product sales include deliveries to the U.S. Strategic National Stockpile and new international markets, including Africa.
Outstanding Procurement Orders
At the end of Q3, SIGA had $146 million in outstanding procurement orders, indicating strong future revenue potential.
Strong Financial Performance
Product revenue for the nine months ended September 30, 2024, was $53 million, with a net income of $13 million.
Strategic In-Licensing
SIGA announced an exclusive license for a portfolio of preclinical monoclonal antibodies from Vanderbilt University, expanding its pipeline.
Strong Balance Sheet
The company maintained a cash balance of $99 million with no debt at the end of September 2024.
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SIGA Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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SIGA Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 07, 2024 | $7.63 | $7.57 | -0.79% |
| Aug 01, 2024 | $9.24 | $8.70 | -5.84% |
| May 07, 2024 | $10.46 | $7.50 | -28.30% |
| Mar 12, 2024 | $4.96 | $6.01 | +21.17% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does SIGA Technologies Inc (SIGA) report earnings?
SIGA Technologies Inc (SIGA) is schdueled to report earning on Feb 27, 2025, TBA Not Confirmed.
What is SIGA Technologies Inc (SIGA) earnings time?
SIGA Technologies Inc (SIGA) earnings time is at Feb 27, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SIGA EPS forecast?
Currently, no data Available
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