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Update: TG Therapeutics Shares Rise After Reporting Q4 Results
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Update: TG Therapeutics Shares Rise After Reporting Q4 Results
Mar 3, 2025 9:10 AM

11:57 AM EST, 03/03/2025 (MT Newswires) -- (Updates with the latest stock price movement in the headline and first paragraph.)

TG Therapeutics' ( TGTX ) shares were up more than 15% in recent Monday trading after the company reported Q4 net income of $0.15 per diluted share, swinging from loss of $0.10 a year earlier.

Analysts polled by FactSet expected earnings of $0.16.

Revenue for the quarter ended Dec. 31 was $108.2 million, up from $44 million a year earlier.

Analysts surveyed by FactSet expected $100.7 million.

The company said it expects full-year 2025 revenue of around $540 million. Analysts polled by FactSet expect $534.4 million.

As of Dec. 31, the company said it had $311 million in cash, cash equivalents and investment securities, which combined with the expected revenue from Briumvi, will be "sufficient" to fund the company's business based on its current operating plan.

Price: 34.75, Change: +4.66, Percent Change: +15.49

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