Overview
* Sonoma fiscal Q2 revenue grows 57% yr/yr, beating analyst expectations
* Net loss per share decreases 46% for fiscal Q2 compared to last year
* U.S. revenue increases 115% for fiscal Q2, driven by OTC product sales
Outlook
* Company expects positive growth trajectory with increasing product adoption
Result Drivers
* U.S. SALES GROWTH - Revenue in the U.S. increased 115% due to higher sales of OTC products and increased distributor sales
* NEW PRODUCT LAUNCHES - Launch of HOCl-based diaper rash products and other new products contributed to revenue growth
* REGULATORY MILESTONES - Key regulatory clearances, including FDA registration, supported growth
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q2 Beat $5.60 $4.26
Revenue mln mln (1
Analyst)
Q2 EPS -$0.32
Q2 Net -$500,00
Income 0
Q2 -$200,00
EBITDA 0
Q2 Gross $2.10
Profit mln
Q2 $2.50
Operatin mln
g
Expenses
Analyst Coverage
* The one available analyst rating on the shares is "strong buy"
* The average consensus recommendation for the pharmaceuticals peer group is "buy."
* Wall Street's median 12-month price target for Sonoma Pharmaceuticals Inc ( SNOA ) is $14.80, about 74.5% above its November 3 closing price of $3.78
Press Release:
For questions concerning the data in this report, contact [email protected]. For any other questions or feedback, contact .
(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.)