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Sight Sciences Shares Up After Q1 Net Loss Narrows, Revenue Rises; 2024 Revenue Outlook Reaffirmed
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Sight Sciences Shares Up After Q1 Net Loss Narrows, Revenue Rises; 2024 Revenue Outlook Reaffirmed
May 3, 2024 10:52 AM

01:37 PM EDT, 05/03/2024 (MT Newswires) -- Sight Sciences ( SGHT ) shares were up nearly 4%, a day after the company reported narrower Q1 loss and revenue that exceeded consensus.

The company reported Q1 net loss Thursday of $0.33 per diluted share, narrowing from $0.35 a year earlier.

Analysts polled by Capital IQ expected $0.29.

Revenue for the quarter ended March 31 was $19.3 million, up from $18.8 million a year earlier.

Analysts surveyed by Capital IQ expected $18.4 billion.

The company reaffirmed its 2024 revenue guidance of $81 million to $85 million, Analysts polled by Capital IQ expect $83.8 million.

Price: 5.82, Change: +0.21, Percent Change: +3.74

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