Overview
* Arcutis Q2 2025 net product revenue rises 164% yr/yr to $81.5 mln
* Company reports net loss of $15.9 mln, an improvement from prior year
* FDA approves ZORYVE foam for scalp and body psoriasis, boosting sales
Outlook
* Company anticipates Q4 approval for ZORYVE cream 0.05% in children
* Company focused on expanding ZORYVE's approved uses
* Arcutis advancing pipeline with ARQ-234 for atopic dermatitis
Result Drivers
* STRONG DEMAND - Revenue growth driven by increased demand for ZORYVE foam and cream, particularly following FDA approval for new indications
* PRESCRIPTION GROWTH - Over 439,000 prescriptions filled for ZORYVE cream 0.3% and 405,000 for ZORYVE foam since launch, reflecting high patient and physician satisfaction
* PIPELINE ADVANCEMENT - Continued advancement of ZORYVE and ARQ-234 pipeline, with new studies and regulatory submissions underway
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q2 $81.50
Product mln
Revenue
Q2 Net -$15.89
Income mln
Q2 Basic -$0.13
EPS
Q2 $96.12
Operatin mln
g
Expenses
Q2 -$14.61
Operatin mln
g Income
Analyst Coverage
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
* The average consensus recommendation for the pharmaceuticals peer group is "buy"
* Wall Street's median 12-month price target for Arcutis Biotherapeutics Inc ( ARQT ) is $20.00, about 23.4% above its August 5 closing price of $15.33
Press Release:
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)