Overview
* Reviva reports Q3 net loss of $4 mln, improved from $8.4 mln loss last year
* Company plans pre-NDA meeting with FDA for brilaroxazine in Q4 2025
* European patent granted for brilaroxazine in pulmonary fibrosis
Outlook
* Company plans pre-NDA meeting with FDA for brilaroxazine in Q4 2025
Result Drivers
* EQUITY OFFERING - Raised $9 mln through public equity offering to support ongoing research and development
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q3 EPS -$0.06
Q3 Net -$4 mln
Income
Analyst Coverage
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
* The average consensus recommendation for the biotechnology & medical research peer group is "buy"
* Wall Street's median 12-month price target for Reviva Pharmaceuticals Holdings Inc ( RVPH ) is $3.00, about 80.7% above its November 12 closing price of $0.58
Press Release:
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(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.)