Overview
* SIGA ( SIGA ) Q2 product revenues rise to $79 mln, driven by TPOXX sales
* Company awarded $27 mln in BARDA 19C contract funding for development
* Net income for Q2 jumps to $35.5 mln, reflecting strong performance
Result Drivers
* TPOXX SALES - $53 mln from oral TPOXX and $26 mln from IV TPOXX sales to Strategic National Stockpile
* BARDA FUNDING - $27 mln awarded for TPOXX pediatric program and manufacturing support under BARDA 19C contract
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q2 EPS $0.49
Q2 Net $35.50
Income mln
Analyst Coverage
* The stock recently traded at 6 times the next 12-month earnings vs. a P/E of 5 three months ago
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.)